NewSquare Capital LLC Sells 1,443 Shares of iShares MBS ETF (NASDAQ:MBB)

NewSquare Capital LLC trimmed its position in shares of iShares MBS ETF (NASDAQ:MBB) by 0.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 171,599 shares of the company’s stock after selling 1,443 shares during the quarter. iShares MBS ETF comprises about 1.3% of NewSquare Capital LLC’s investment portfolio, making the stock its 21st largest holding. NewSquare Capital LLC’s holdings in iShares MBS ETF were worth $15,732,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of MBB. Hobbs Group Advisors LLC lifted its position in iShares MBS ETF by 115.5% during the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after acquiring an additional 149 shares during the last quarter. MeadowBrook Investment Advisors LLC increased its position in shares of iShares MBS ETF by 413.5% during the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after purchasing an additional 306 shares in the last quarter. Key Financial Inc lifted its holdings in shares of iShares MBS ETF by 4,220.0% during 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 last quarter. Activest Wealth Management acquired a new stake in shares of iShares MBS ETF in the 4th quarter worth $58,000. Finally, CENTRAL TRUST Co grew its stake in 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 buying an additional 189 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Down 0.3 %

iShares MBS ETF stock opened at $93.61 on Wednesday. The stock has a 50-day moving average of $92.02 and a two-hundred day moving average of $93.37. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be given a $0.3204 dividend. The ex-dividend date is Monday, March 3rd.

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).