First Horizon Advisors Inc. Has $3.30 Million Stake in iShares MBS ETF (NASDAQ:MBB)

First Horizon Advisors Inc. reduced its position in iShares MBS ETF (NASDAQ:MBB) by 4.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 35,985 shares of the company’s stock after selling 1,572 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares MBS ETF were worth $3,299,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of MBB. Alpha Financial Partners LLC acquired a new stake in iShares MBS ETF during the 3rd quarter worth about $2,960,000. Arkadios Wealth Advisors boosted its position in shares of iShares MBS ETF by 6.6% during the 3rd quarter. Arkadios Wealth Advisors now owns 24,430 shares of the company’s stock valued at $2,341,000 after purchasing an additional 1,513 shares in the last quarter. PFG Investments LLC acquired a new stake in iShares MBS ETF during the third quarter worth approximately $1,139,000. Wealth Enhancement Advisory Services LLC increased its holdings in iShares MBS ETF by 38.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 152,538 shares of the company’s stock worth $14,615,000 after purchasing an additional 42,187 shares in the last quarter. Finally, GHP Investment Advisors Inc. lifted its stake in iShares MBS ETF by 0.9% in the third quarter. GHP Investment Advisors Inc. now owns 19,543 shares of the company’s stock valued at $1,872,000 after buying an additional 166 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $92.87 on Monday. The stock’s 50 day moving average price is $91.75 and its two-hundred day moving average price is $93.42. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76.

iShares MBS ETF Increases Dividend

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

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).