Checchi Capital Advisers LLC Sells 218,978 Shares of iShares MBS ETF (NASDAQ:MBB)

Checchi Capital Advisers LLC cut its position in iShares MBS ETF (NASDAQ:MBB) by 66.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 110,045 shares of the company’s stock after selling 218,978 shares during the quarter. Checchi Capital Advisers LLC’s holdings in iShares MBS ETF were worth $10,089,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Hobbs Group Advisors LLC raised its position in shares of 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 acquiring an additional 149 shares in the last quarter. MeadowBrook Investment Advisors LLC boosted its stake in shares of iShares MBS ETF by 413.5% in the 3rd 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 last quarter. Key Financial Inc grew its stake in iShares MBS ETF by 4,220.0% in the 4th quarter. Key Financial Inc now owns 432 shares of the company’s stock valued at $40,000 after purchasing an additional 422 shares during the period. Activest Wealth Management bought a new position in iShares MBS ETF during the fourth quarter valued at about $58,000. Finally, CENTRAL TRUST Co increased its stake in shares of iShares MBS ETF by 41.4% during the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock worth $59,000 after purchasing an additional 189 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.6 %

iShares MBS ETF stock opened at $93.54 on Wednesday. The business’s 50 day simple moving average is $91.78 and its 200 day simple moving average is $93.40. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76.

iShares MBS ETF Increases Dividend

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

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).