FFG Retirement Advisors LLC Lowers Stake in iShares MBS ETF (NASDAQ:MBB)

FFG Retirement Advisors LLC decreased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 6.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 78,530 shares of the company’s stock after selling 5,560 shares during the quarter. iShares MBS ETF makes up 4.7% of FFG Retirement Advisors LLC’s investment portfolio, making the stock its 4th largest position. FFG Retirement Advisors LLC’s holdings in iShares MBS ETF were worth $7,200,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of iShares MBS ETF by 18.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock valued at $3,321,229,000 after purchasing an additional 5,521,374 shares during the period. LPL Financial LLC increased its holdings in shares of iShares MBS ETF by 6.3% in the third quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock worth $1,838,565,000 after buying an additional 1,138,182 shares during the period. Fisher Asset Management LLC grew its position in iShares MBS ETF by 8.3% during the 3rd quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock worth $1,750,027,000 after acquiring an additional 1,404,263 shares during the last quarter. Stifel Financial Corp increased its stake in shares of iShares MBS ETF by 0.8% in the third quarter. Stifel Financial Corp now owns 3,550,412 shares of the company’s stock worth $340,165,000 after buying an additional 27,441 shares during the period. Finally, Allworth Financial LP raised its stake in shares of iShares MBS ETF by 2.4% during the third quarter. Allworth Financial LP now owns 3,069,901 shares of the company’s stock valued at $294,127,000 after acquiring an additional 71,046 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Up 0.6 %

Shares of MBB opened at $92.17 on Tuesday. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76. The firm’s 50-day moving average price is $92.16 and its 200-day moving average price is $93.59.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.2944 per share. The ex-dividend date of this dividend was Wednesday, December 18th.

iShares MBS ETF Company 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).