Capital Investment Advisors LLC Lowers Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Capital Investment Advisors LLC lessened its position in iShares MBS ETF (NASDAQ:MBB) by 4.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 397,945 shares of the company’s stock after selling 19,284 shares during the quarter. Capital Investment Advisors LLC’s holdings in iShares MBS ETF were worth $36,484,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Strategic Blueprint LLC raised its stake in shares of iShares MBS ETF by 0.6% in the third quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock valued at $1,792,000 after acquiring an additional 116 shares in the last quarter. Cypress Wealth Services LLC raised its position in iShares MBS ETF by 0.3% in the 3rd quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock valued at $4,463,000 after purchasing an additional 120 shares in the last quarter. Savvy Advisors Inc. boosted its stake in shares of iShares MBS ETF by 4.3% in the 3rd quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock valued at $280,000 after buying an additional 121 shares during the period. Delos Wealth Advisors LLC grew its position in shares of iShares MBS ETF by 4.3% during the third quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock worth $281,000 after buying an additional 121 shares in the last quarter. Finally, Lodestar Private Asset Management LLC increased its stake in shares of iShares MBS ETF by 0.6% during the third quarter. Lodestar Private Asset Management LLC now owns 20,693 shares of the company’s stock worth $1,983,000 after buying an additional 131 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.2 %

NASDAQ:MBB traded down $0.17 during mid-day trading on Monday, hitting $90.35. The stock had a trading volume of 756,632 shares, compared to its average volume of 2,057,118. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76. The stock has a 50-day simple moving average of $92.40 and a two-hundred day simple moving average of $93.62.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.2944 dividend. The ex-dividend date of this dividend was Wednesday, December 18th.

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).