Rational Advisors LLC Reduces Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Rational Advisors LLC reduced its position in shares of iShares MBS ETF (NASDAQ:MBB) by 2.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 50,114 shares of the company’s stock after selling 1,161 shares during the quarter. Rational Advisors LLC’s holdings in iShares MBS ETF were worth $4,594,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in MBB. Hobbs Group Advisors LLC raised its holdings in iShares MBS ETF by 115.5% in the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after purchasing an additional 149 shares during the period. St. Johns Investment Management Company LLC purchased a new stake in iShares MBS ETF in the third quarter worth about $30,000. Godsey & Gibb Inc. purchased a new stake in iShares MBS ETF in the third quarter worth about $33,000. MeadowBrook Investment Advisors LLC raised its stake in shares of iShares MBS ETF by 413.5% in the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after buying an additional 306 shares during the period. Finally, Activest Wealth Management purchased a new position in shares of iShares MBS ETF during the 4th quarter valued at about $58,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $92.43 on Monday. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76. The firm has a 50 day moving average of $91.84 and a 200 day moving average of $93.50.

iShares MBS ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.3414 dividend. This is a positive change from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 3rd.

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).