iShares MBS ETF (NASDAQ:MBB) Stake Reduced by Financial Counselors Inc.

Financial Counselors Inc. decreased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 4.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,797 shares of the company’s stock after selling 191 shares during the period. Financial Counselors Inc.’s holdings in iShares MBS ETF were worth $348,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Hobbs Group Advisors LLC raised its position in shares of iShares MBS ETF by 115.5% during the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after purchasing an additional 149 shares during the period. Truvestments Capital LLC acquired a new stake in iShares MBS ETF during the 4th quarter worth about $36,000. Key Financial Inc raised its holdings in iShares MBS ETF by 4,220.0% during the 4th quarter. Key Financial Inc now owns 432 shares of the company’s stock worth $40,000 after buying an additional 422 shares during the period. Activest Wealth Management purchased a new stake in iShares MBS ETF during the fourth quarter valued at about $58,000. Finally, CENTRAL TRUST Co boosted its holdings in shares of iShares MBS ETF by 41.4% in the fourth quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock worth $59,000 after buying an additional 189 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB stock opened at $93.66 on Friday. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76. The company’s 50 day simple moving average is $92.74 and its 200-day simple moving average is $93.13.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.3204 per share. The ex-dividend date was Monday, March 3rd.

About iShares MBS ETF

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).