J. W. Coons Advisors LLC Sells 2,047 Shares of iShares MBS ETF (NASDAQ:MBB)

J. W. Coons Advisors LLC lessened its holdings in iShares MBS ETF (NASDAQ:MBB) by 13.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,634 shares of the company’s stock after selling 2,047 shares during the quarter. J. W. Coons Advisors LLC’s holdings in iShares MBS ETF were worth $1,158,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of MBB. Hobbs Group Advisors LLC grew its position in iShares MBS ETF by 115.5% in the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after acquiring an additional 149 shares during the last quarter. MeadowBrook Investment Advisors LLC grew its position in iShares MBS ETF by 413.5% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after acquiring an additional 306 shares during the last quarter. Key Financial Inc grew its position in iShares MBS ETF by 4,220.0% in the 4th quarter. Key Financial Inc now owns 432 shares of the company’s stock valued at $40,000 after acquiring an additional 422 shares during the last quarter. Activest Wealth Management bought a new position in iShares MBS ETF in the 4th quarter valued at $58,000. Finally, CENTRAL TRUST Co grew its position in iShares MBS ETF by 41.4% in the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock valued at $59,000 after acquiring an additional 189 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.5 %

Shares of MBB stock opened at $92.87 on Monday. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76. The stock has a fifty day simple moving average of $91.75 and a two-hundred day simple moving average of $93.42.

iShares MBS ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.3414 dividend. This is a boost from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 3rd.

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).