iShares MBS ETF (NASDAQ:MBB) Stock Position Lessened by Fmr LLC

Fmr LLC reduced its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 46.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 967,542 shares of the company’s stock after selling 850,404 shares during the quarter. Fmr LLC’s holdings in iShares MBS ETF were worth $92,700,000 at the end of the most recent reporting period.

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

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $93.66 on Friday. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76. The company has a 50 day moving average price of $93.52 and a 200 day moving average price of $93.55.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were paid a dividend of $0.3074 per share. The ex-dividend date was Monday, December 2nd.

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).