iShares MBS ETF (NASDAQ:MBB) Shares Sold by Lane & Associates LLC

Lane & Associates LLC reduced its position in iShares MBS ETF (NASDAQ:MBB) by 29.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,416 shares of the company’s stock after selling 2,641 shares during the period. Lane & Associates LLC’s holdings in iShares MBS ETF were worth $615,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MBB. St. Johns Investment Management Company LLC acquired a new position in iShares MBS ETF during the 3rd quarter worth approximately $30,000. Chris Bulman Inc purchased a new stake in iShares MBS ETF during the 2nd quarter worth approximately $31,000. Rothschild Investment LLC purchased a new stake in iShares MBS ETF during the 2nd quarter worth approximately $33,000. Godsey & Gibb Inc. purchased a new stake in iShares MBS ETF during the 3rd quarter worth approximately $33,000. Finally, MeadowBrook Investment Advisors LLC increased its holdings in iShares MBS ETF by 413.5% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after purchasing an additional 306 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

MBB stock opened at $92.60 on Friday. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76. The stock’s 50 day moving average is $94.00 and its two-hundred day moving average is $93.42.

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 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).