Graypoint LLC Reduces Position in iShares MBS ETF (NASDAQ:MBB)

Graypoint LLC cut its position in iShares MBS ETF (NASDAQ:MBB) by 11.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 45,615 shares of the company’s stock after selling 5,668 shares during the period. Graypoint LLC’s holdings in iShares MBS ETF were worth $4,370,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of MBB. St. Johns Investment Management Company LLC acquired a new stake in shares of iShares MBS ETF during the 3rd quarter valued at about $30,000. Chris Bulman Inc acquired a new stake in shares of iShares MBS ETF in the second quarter valued at approximately $31,000. Rothschild Investment LLC acquired a new stake in shares of iShares MBS ETF in the 2nd quarter worth $33,000. Godsey & Gibb Inc. purchased a new position in iShares MBS ETF during the third quarter worth about $33,000. Finally, PSI Advisors LLC raised its position in shares of iShares MBS ETF by 2,289.5% during the 2nd quarter. PSI Advisors LLC now owns 454 shares of the company’s stock valued at $42,000 after buying an additional 435 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.8 %

NASDAQ MBB opened at $92.13 on Thursday. The stock has a fifty day simple moving average of $94.81 and a 200-day simple moving average of $93.22. iShares MBS ETF has a twelve month low of $87.87 and a twelve month high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.3099 per share. The ex-dividend date was Friday, November 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).