Crewe Advisors LLC Sells 265 Shares of iShares MBS ETF (NASDAQ:MBB)

Crewe Advisors LLC lowered its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 23.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 848 shares of the company’s stock after selling 265 shares during the quarter. Crewe Advisors LLC’s holdings in iShares MBS ETF were worth $81,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Penserra Capital Management LLC purchased a new stake in shares of iShares MBS ETF during the 3rd quarter valued at $18,454,000. Cerity Partners LLC raised its position in iShares MBS ETF by 0.5% in the 3rd quarter. Cerity Partners LLC now owns 39,068 shares of the company’s stock worth $3,743,000 after purchasing an additional 206 shares during the period. Alesco Advisors LLC raised its position in iShares MBS ETF by 12.2% in the 3rd quarter. Alesco Advisors LLC now owns 8,485 shares of the company’s stock worth $813,000 after purchasing an additional 920 shares during the period. Optivise Advisory Services LLC purchased a new position in iShares MBS ETF in the 3rd quarter worth $1,439,000. Finally, Great Valley Advisor Group Inc. increased its position in shares of iShares MBS ETF by 26.7% in the third quarter. Great Valley Advisor Group Inc. now owns 12,132 shares of the company’s stock valued at $1,162,000 after acquiring an additional 2,553 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB stock opened at $92.60 on Monday. The firm’s 50-day moving average price is $94.00 and its two-hundred day moving average price is $93.44. 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 business also recently announced a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a dividend of $0.3099 per share. The ex-dividend date was Friday, November 1st.

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).