Colton Groome Financial Advisors LLC Lowers Stake in iShares MBS ETF (NASDAQ:MBB)

Colton Groome Financial Advisors LLC reduced its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 61.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 2,905 shares of the company’s stock after selling 4,649 shares during the period. Colton Groome Financial Advisors LLC’s holdings in iShares MBS ETF were worth $268,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Manhattan West Asset Management LLC lifted its stake in shares of iShares MBS ETF by 14.3% in the 4th quarter. Manhattan West Asset Management LLC now owns 47,727 shares of the company’s stock worth $4,490,000 after acquiring an additional 5,976 shares during the period. Crewe Advisors LLC acquired a new stake in shares of iShares MBS ETF in the 4th quarter worth $82,000. CAP Partners LLC acquired a new stake in shares of iShares MBS ETF in the fourth quarter valued at about $1,082,000. Hilltop Holdings Inc. lifted its stake in shares of iShares MBS ETF by 0.3% in the fourth quarter. Hilltop Holdings Inc. now owns 125,744 shares of the company’s stock valued at $11,830,000 after purchasing an additional 343 shares during the period. Finally, US Financial Advisors LLC lifted its stake in shares of iShares MBS ETF by 7.2% in the fourth quarter. US Financial Advisors LLC now owns 22,670 shares of the company’s stock valued at $2,133,000 after purchasing an additional 1,518 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 1.0 %

Shares of NASDAQ MBB traded down $0.96 during midday trading on Monday, hitting $90.85. The company had a trading volume of 4,390,985 shares, compared to its average volume of 2,452,309. iShares MBS ETF has a twelve month low of $85.28 and a twelve month high of $94.55. The business has a 50-day simple moving average of $91.24 and a two-hundred day simple moving average of $91.98.

iShares MBS ETF Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be issued a dividend of $0.3053 per share. The ex-dividend date is Monday, July 1st.

iShares MBS ETF Profile

iShares MBS ETF (the Fund), formerly iShares Barclays MBS Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results, which correspond to the price and yield performance of the Barclays Capital U.S. MBS Index (the Index). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage (GNMA).