Moors & Cabot Inc. Has $1.09 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

Moors & Cabot Inc. cut its stake in iShares MBS ETF (NASDAQ:MBB) by 1.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,391 shares of the company’s stock after selling 209 shares during the period. Moors & Cabot Inc.’s holdings in iShares MBS ETF were worth $1,091,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of MBB. Strategic Blueprint LLC grew its stake in iShares MBS ETF by 0.6% during the third quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock worth $1,792,000 after buying an additional 116 shares during the last quarter. DB Fitzpatrick & Co Inc increased its holdings in iShares MBS ETF by 0.6% during the 2nd quarter. DB Fitzpatrick & Co Inc now owns 19,518 shares of the company’s stock valued at $1,792,000 after purchasing an additional 119 shares in the last quarter. Cypress Wealth Services LLC boosted its stake in iShares MBS ETF by 0.3% in the third quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock worth $4,463,000 after purchasing an additional 120 shares in the last quarter. Savvy Advisors Inc. grew its holdings in shares of iShares MBS ETF by 4.3% during the third quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after purchasing an additional 121 shares during the last quarter. Finally, Lodestar Private Asset Management LLC grew its holdings in shares of iShares MBS ETF by 0.6% during the third quarter. Lodestar Private Asset Management LLC now owns 20,693 shares of the company’s stock worth $1,983,000 after purchasing an additional 131 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.1 %

iShares MBS ETF stock opened at $92.41 on Friday. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76. The stock has a 50-day simple moving average of $94.08 and a 200 day simple moving average of $93.39.

iShares MBS ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.3099 per share. The ex-dividend date of this dividend was Friday, November 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).