Market Street Wealth Management Advisors LLC Cuts Position in iShares MBS ETF (NASDAQ:MBB)

Market Street Wealth Management Advisors LLC lowered its holdings in iShares MBS ETF (NASDAQ:MBB) by 11.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,416 shares of the company’s stock after selling 461 shares during the quarter. Market Street Wealth Management Advisors LLC’s holdings in iShares MBS ETF were worth $313,000 as of its most recent filing with the SEC.

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

iShares MBS ETF Stock Down 0.2 %

NASDAQ MBB opened at $91.77 on Thursday. The business has a 50 day moving average price of $92.18 and a 200 day moving average price of $93.59. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76.

iShares MBS ETF Cuts Dividend

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

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).