RFG Advisory LLC Has $1.66 Million Stake in iShares MBS ETF (NASDAQ:MBB)

RFG Advisory LLC reduced its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 20.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,069 shares of the company’s stock after selling 4,606 shares during the quarter. RFG Advisory LLC’s holdings in iShares MBS ETF were worth $1,657,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Ignite Planners LLC raised its position in shares of iShares MBS ETF by 4.9% during the fourth quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock worth $226,000 after purchasing an additional 115 shares during the period. Strategic Blueprint LLC lifted its stake in iShares MBS ETF by 0.6% in the third quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock valued at $1,792,000 after buying an additional 116 shares in the last quarter. Cypress Wealth Services LLC boosted its holdings in shares of iShares MBS ETF by 0.3% in the third quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock valued at $4,463,000 after buying an additional 120 shares during the period. Savvy Advisors Inc. increased its position in shares of iShares MBS ETF by 4.3% during the third quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after acquiring an additional 121 shares in the last quarter. Finally, Delos Wealth Advisors LLC increased its position in shares of iShares MBS ETF by 4.3% during the third quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock worth $281,000 after acquiring an additional 121 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.1 %

MBB opened at $91.65 on Friday. The firm’s fifty day simple moving average is $92.16 and its 200 day simple moving average is $93.57. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently disclosed 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.

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).