Sequoia Financial Advisors LLC Sells 183 Shares of iShares MBS ETF (NASDAQ:MBB)

Sequoia Financial Advisors LLC reduced its position in shares of iShares MBS ETF (NASDAQ:MBB) by 5.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,450 shares of the company’s stock after selling 183 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares MBS ETF were worth $331,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Chris Bulman Inc acquired a new position in shares of iShares MBS ETF during the 2nd quarter worth about $31,000. Godsey & Gibb Inc. acquired a new position in shares of iShares MBS ETF during the 3rd quarter worth about $33,000. Rothschild Investment LLC acquired a new position in shares of iShares MBS ETF during the 2nd quarter worth about $33,000. PSI Advisors LLC grew its position in shares of iShares MBS ETF by 2,289.5% during the 2nd quarter. PSI Advisors LLC now owns 454 shares of the company’s stock worth $42,000 after buying an additional 435 shares during the period. Finally, Massmutual Trust Co. FSB ADV grew its position in shares of iShares MBS ETF by 254.2% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock worth $44,000 after buying an additional 333 shares during the period. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $92.80 on Tuesday. iShares MBS ETF has a 1 year low of $86.17 and a 1 year high of $96.76. The business has a 50-day moving average of $95.19 and a 200-day moving average of $93.10.

iShares MBS ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a $0.3177 dividend. The ex-dividend date of this dividend was Tuesday, September 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).