Petix & Botte Co Has $326,000 Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Petix & Botte Co trimmed its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 5.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 3,558 shares of the company’s stock after selling 198 shares during the quarter. Petix & Botte Co’s holdings in iShares MBS ETF were worth $326,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Clarendon Private LLC bought a new position in iShares MBS ETF in the 4th quarter valued at about $913,000. RTD Financial Advisors Inc. boosted its position in shares of iShares MBS ETF by 10.7% during the 4th quarter. RTD Financial Advisors Inc. now owns 3,749 shares of the company’s stock worth $344,000 after acquiring an additional 363 shares in the last quarter. First Citizens Bank & Trust Co. increased its stake in iShares MBS ETF by 41.8% in the fourth quarter. First Citizens Bank & Trust Co. now owns 12,430 shares of the company’s stock valued at $1,140,000 after acquiring an additional 3,665 shares during the last quarter. Merkkuri Wealth Advisors LLC raised its position in iShares MBS ETF by 11.6% during the fourth quarter. Merkkuri Wealth Advisors LLC now owns 7,069 shares of the company’s stock valued at $648,000 after purchasing an additional 732 shares in the last quarter. Finally, Flagship Harbor Advisors LLC raised its position in iShares MBS ETF by 10.7% during the fourth quarter. Flagship Harbor Advisors LLC now owns 23,895 shares of the company’s stock valued at $2,191,000 after purchasing an additional 2,316 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.1 %

Shares of MBB stock opened at $91.65 on Monday. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76. The stock’s fifty day moving average price is $92.16 and its two-hundred day moving average price is $93.58.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.2944 dividend. The ex-dividend date was Wednesday, December 18th.

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).