Maiden Cove Capital LLC Sells 988 Shares of iShares MBS ETF (NASDAQ:MBB)

Maiden Cove Capital LLC lessened its position in shares of iShares MBS ETF (NASDAQ:MBB) by 9.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,993 shares of the company’s stock after selling 988 shares during the period. iShares MBS ETF makes up about 1.4% of Maiden Cove Capital LLC’s portfolio, making the stock its 21st largest holding. Maiden Cove Capital LLC’s holdings in iShares MBS ETF were worth $916,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in MBB. Hobbs Group Advisors LLC raised its stake in iShares MBS ETF by 115.5% during the third 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. Truvestments Capital LLC acquired a new position in iShares MBS ETF during the 4th quarter worth approximately $36,000. Key Financial Inc lifted 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 last quarter. Activest Wealth Management acquired a new stake in iShares MBS ETF in the fourth quarter valued at approximately $58,000. Finally, CENTRAL TRUST Co grew its stake in shares of iShares MBS ETF by 41.4% during the fourth 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. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.3 %

Shares of MBB opened at $93.00 on Friday. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76. The stock has a fifty day moving average of $92.29 and a 200-day moving average of $93.28.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.3204 dividend. The ex-dividend date of this dividend was Monday, March 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).