Breakwater Capital Group Sells 1,133 Shares of iShares MBS ETF (NASDAQ:MBB)

Breakwater Capital Group lessened its holdings in iShares MBS ETF (NASDAQ:MBB) by 28.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,862 shares of the company’s stock after selling 1,133 shares during the period. Breakwater Capital Group’s holdings in iShares MBS ETF were worth $262,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in MBB. Hobbs Group Advisors LLC lifted its position in shares of iShares MBS ETF by 115.5% during the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after buying an additional 149 shares during the period. St. Johns Investment Management Company LLC acquired a new position in iShares MBS ETF during the third quarter worth $30,000. Godsey & Gibb Inc. acquired a new position in iShares MBS ETF during the third quarter worth $33,000. MeadowBrook Investment Advisors LLC lifted its holdings in shares of 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 acquiring an additional 306 shares during the period. Finally, Massmutual Trust Co. FSB ADV boosted its stake in shares of iShares MBS ETF by 254.2% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock valued at $44,000 after purchasing an additional 333 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.1 %

Shares of iShares MBS ETF stock opened at $90.46 on Wednesday. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76. The company has a 50-day simple moving average of $92.30 and a 200 day simple moving average of $93.60.

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 issued a dividend of $0.2944 per share. The ex-dividend date was Wednesday, December 18th.

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).