Fmr LLC Trims Holdings in iShares MBS ETF (NASDAQ:MBB)

Fmr LLC lessened its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 46.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 967,542 shares of the company’s stock after selling 850,404 shares during the quarter. Fmr LLC owned approximately 0.27% of iShares MBS ETF worth $92,700,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Kingswood Wealth Advisors LLC increased its stake in iShares MBS ETF by 16.3% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 3,972 shares of the company’s stock worth $365,000 after buying an additional 558 shares during the period. Alterna Wealth Management Inc. increased its stake in shares of iShares MBS ETF by 49.3% in the second quarter. Alterna Wealth Management Inc. now owns 17,969 shares of the company’s stock worth $1,650,000 after buying an additional 5,937 shares during the last quarter. Diversify Advisory Services LLC raised its holdings in iShares MBS ETF by 9.6% in the second quarter. Diversify Advisory Services LLC now owns 42,619 shares of the company’s stock valued at $3,931,000 after acquiring an additional 3,736 shares in the last quarter. Cabot Wealth Management Inc. boosted its stake in iShares MBS ETF by 4.2% during the 2nd quarter. Cabot Wealth Management Inc. now owns 106,836 shares of the company’s stock valued at $9,809,000 after acquiring an additional 4,310 shares during the last quarter. Finally, JGP Wealth Management LLC bought a new position in iShares MBS ETF during the 2nd quarter valued at $624,000. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.0 %

Shares of NASDAQ MBB opened at $93.66 on Friday. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76. The business has a 50 day simple moving average of $93.52 and a 200-day simple moving average of $93.55.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 5th. Investors of record on Monday, December 2nd were given a dividend of $0.3074 per share. The ex-dividend date of this dividend was Monday, December 2nd.

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).