Sequoia Financial Advisors LLC Sells 183 Shares of iShares MBS ETF (NASDAQ:MBB)

Sequoia Financial Advisors LLC lessened its holdings in iShares MBS ETF (NASDAQ:MBB) by 5.0% during the third quarter, Holdings Channel reports. The fund owned 3,450 shares of the company’s stock after selling 183 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares MBS ETF were worth $331,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Calton & Associates Inc. bought a new position in iShares MBS ETF during the 3rd quarter worth $207,000. Foundations Investment Advisors LLC increased its position in iShares MBS ETF by 6.4% during the 3rd quarter. Foundations Investment Advisors LLC now owns 318,530 shares of the company’s stock worth $30,518,000 after buying an additional 19,129 shares during the period. Raleigh Capital Management Inc. increased its position in iShares MBS ETF by 40.6% during the 3rd quarter. Raleigh Capital Management Inc. now owns 2,979 shares of the company’s stock worth $285,000 after buying an additional 860 shares during the period. Horst & Graben Wealth Management LLC increased its position in iShares MBS ETF by 1.8% during the 3rd quarter. Horst & Graben Wealth Management LLC now owns 226,830 shares of the company’s stock worth $21,733,000 after buying an additional 4,102 shares during the period. Finally, Sharkey Howes & Javer increased its position in iShares MBS ETF by 6.8% during the 3rd quarter. Sharkey Howes & Javer now owns 188,593 shares of the company’s stock worth $18,069,000 after buying an additional 11,959 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.3 %

MBB stock opened at $92.80 on Tuesday. The business’s fifty day moving average price is $95.19 and its two-hundred day moving average price is $93.10. iShares MBS ETF has a fifty-two week low of $86.17 and a fifty-two week high of $96.76.

iShares MBS ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.3177 per share. The ex-dividend date was Tuesday, September 3rd.

About iShares MBS ETF

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).