AdvisorNet Financial Inc Decreases Stake in iShares MBS ETF (NASDAQ:MBB)

AdvisorNet Financial Inc decreased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 81.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,710 shares of the company’s stock after selling 21,056 shares during the quarter. AdvisorNet Financial Inc’s holdings in iShares MBS ETF were worth $432,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of MBB. Oppenheimer & Co. Inc. boosted its position in iShares MBS ETF by 7.1% during the second quarter. Oppenheimer & Co. Inc. now owns 16,422 shares of the company’s stock worth $1,508,000 after acquiring an additional 1,083 shares during the last quarter. Federated Hermes Inc. lifted its stake in iShares MBS ETF by 61.8% in the 2nd quarter. Federated Hermes Inc. now owns 107,250 shares of the company’s stock worth $9,847,000 after purchasing an additional 40,950 shares in the last quarter. Moors & Cabot Inc. boosted its holdings in shares of iShares MBS ETF by 6.3% during the 2nd quarter. Moors & Cabot Inc. now owns 11,600 shares of the company’s stock worth $1,065,000 after purchasing an additional 684 shares during the last quarter. Wealth Alliance grew its position in shares of iShares MBS ETF by 8.2% in the second quarter. Wealth Alliance now owns 55,010 shares of the company’s stock valued at $5,050,000 after purchasing an additional 4,156 shares in the last quarter. Finally, Meridian Wealth Partners LLC increased its holdings in shares of iShares MBS ETF by 7.6% in the second quarter. Meridian Wealth Partners LLC now owns 191,558 shares of the company’s stock valued at $17,587,000 after purchasing an additional 13,510 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $91.41 on Thursday. The business has a fifty day moving average of $92.30 and a two-hundred day moving average of $93.60. iShares MBS ETF has a 52-week low of $89.16 and a 52-week 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 dividend of $0.2944 per share. 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).