Private Advisor Group LLC Sells 6,184 Shares of iShares MBS ETF $MBB

Private Advisor Group LLC cut its stake in iShares MBS ETF (NASDAQ:MBB) by 2.6% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 230,583 shares of the company’s stock after selling 6,184 shares during the period. Private Advisor Group LLC owned about 0.06% of iShares MBS ETF worth $21,894,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MBB. Brookstone Capital Management raised its holdings in shares of iShares MBS ETF by 3.2% during the 4th quarter. Brookstone Capital Management now owns 308,428 shares of the company’s stock valued at $29,368,000 after buying an additional 9,547 shares in the last quarter. Capital International Investors boosted its stake in iShares MBS ETF by 161.4% in the third quarter. Capital International Investors now owns 170,644 shares of the company’s stock worth $16,237,000 after buying an additional 105,366 shares in the last quarter. Aptus Capital Advisors LLC boosted its stake in iShares MBS ETF by 40.4% in the third quarter. Aptus Capital Advisors LLC now owns 30,042 shares of the company’s stock worth $2,858,000 after buying an additional 8,637 shares in the last quarter. ASL Financial LLC bought a new position in iShares MBS ETF during the fourth quarter valued at approximately $977,000. Finally, NorthRock Partners LLC grew its position in iShares MBS ETF by 2,099.2% during the third quarter. NorthRock Partners LLC now owns 305,205 shares of the company’s stock valued at $29,040,000 after acquiring an additional 291,327 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

MBB stock opened at $94.13 on Friday. iShares MBS ETF has a one year low of $92.40 and a one year high of $96.96. The company’s 50 day moving average price is $94.37 and its two-hundred day moving average price is $95.06.

iShares MBS ETF Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st will be issued a dividend of $0.3373 per share. The ex-dividend date of this dividend is Wednesday, July 1st.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).