Ehrlich Financial Group Sells 26,237 Shares of iShares MBS ETF (NASDAQ:MBB)

Ehrlich Financial Group cut its position in shares of iShares MBS ETF (NASDAQ:MBB) by 84.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,657 shares of the company’s stock after selling 26,237 shares during the quarter. Ehrlich Financial Group’s holdings in iShares MBS ETF were worth $427,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of MBB. JPMorgan Chase & Co. increased its stake in iShares MBS ETF by 18.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock worth $3,321,229,000 after purchasing an additional 5,521,374 shares during the period. LPL Financial LLC increased its stake in shares of iShares MBS ETF by 6.3% in the third quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock worth $1,838,565,000 after buying an additional 1,138,182 shares during the period. Fisher Asset Management LLC increased its stake in shares of iShares MBS ETF by 8.3% in the third quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock worth $1,750,027,000 after buying an additional 1,404,263 shares during the period. Stifel Financial Corp raised its holdings in iShares MBS ETF by 0.8% during the 3rd quarter. Stifel Financial Corp now owns 3,550,412 shares of the company’s stock valued at $340,165,000 after buying an additional 27,441 shares during the last quarter. Finally, Allworth Financial LP boosted its position in iShares MBS ETF by 2.4% during the 3rd quarter. Allworth Financial LP now owns 3,069,901 shares of the company’s stock valued at $294,127,000 after buying an additional 71,046 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB stock traded down $0.15 during mid-day trading on Monday, reaching $90.37. The stock had a trading volume of 4,140,619 shares, compared to its average volume of 2,590,560. The stock’s 50-day moving average price is $92.40 and its two-hundred day moving average price is $93.62. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.2944 per share. The ex-dividend date was Wednesday, December 18th.

iShares MBS ETF Company 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).