iShares MBS ETF (NASDAQ:MBB) Shares Sold by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV cut its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 2.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,118 shares of the company’s stock after selling 642 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in iShares MBS ETF were worth $2,119,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MBB. GWN Securities Inc. purchased a new position in iShares MBS ETF during the fourth quarter worth about $1,242,000. Patten & Patten Inc. TN purchased a new position in iShares MBS ETF during the fourth quarter worth about $1,145,000. Harbour Investments Inc. raised its stake in iShares MBS ETF by 3.9% during the fourth quarter. Harbour Investments Inc. now owns 85,628 shares of the company’s stock worth $7,850,000 after purchasing an additional 3,211 shares during the period. Corient Private Wealth LLC raised its stake in iShares MBS ETF by 25.1% during the fourth quarter. Corient Private Wealth LLC now owns 405,903 shares of the company’s stock worth $37,213,000 after purchasing an additional 81,403 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its stake in iShares MBS ETF by 8.7% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,286,521 shares of the company’s stock worth $301,308,000 after purchasing an additional 262,187 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.2 %

Shares of MBB stock opened at $93.20 on Tuesday. The firm’s 50-day moving average is $92.33 and its two-hundred day moving average is $93.24. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76.

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.

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).