Colton Groome Financial Advisors LLC Lowers Holdings in iShares MBS ETF (NASDAQ:MBB)

Colton Groome Financial Advisors LLC cut its position in iShares MBS ETF (NASDAQ:MBB) by 44.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,554 shares of the company’s stock after selling 5,946 shares during the quarter. Colton Groome Financial Advisors LLC’s holdings in iShares MBS ETF were worth $711,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Register Financial Advisors LLC raised its position in shares of iShares MBS ETF by 584.6% during the 4th quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock valued at $25,000 after buying an additional 228 shares in the last quarter. BluePath Capital Management LLC purchased a new position in iShares MBS ETF in the 3rd quarter worth $26,000. Ambassador Advisors LLC raised its position in iShares MBS ETF by 332.8% in the 1st quarter. Ambassador Advisors LLC now owns 277 shares of the company’s stock worth $26,000 after purchasing an additional 213 shares during the period. LFA Lugano Financial Advisors SA purchased a new position in iShares MBS ETF in the 4th quarter worth $28,000. Finally, Avior Wealth Management LLC raised its position in iShares MBS ETF by 535.3% in the 3rd quarter. Avior Wealth Management LLC now owns 324 shares of the company’s stock worth $29,000 after purchasing an additional 273 shares during the period. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

NASDAQ:MBB traded down $0.29 during trading hours on Thursday, reaching $89.72. The company’s stock had a trading volume of 2,716,028 shares, compared to its average volume of 2,575,646. The firm has a 50-day simple moving average of $91.72 and a 200-day simple moving average of $91.11. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $95.70.

iShares MBS ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a $0.2827 dividend. This represents a $3.39 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date was Monday, April 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).