Mount Yale Investment Advisors LLC Sells 1,422 Shares of iShares MBS ETF (NASDAQ:MBB)

Mount Yale Investment Advisors LLC lessened its stake in shares of iShares MBS ETF (NASDAQ:MBBFree Report) by 5.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,207 shares of the company’s stock after selling 1,422 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in iShares MBS ETF were worth $2,607,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of MBB. Financial Management Professionals Inc. purchased a new stake in iShares MBS ETF in the first quarter valued at approximately $26,000. Chris Bulman Inc bought a new position in shares of iShares MBS ETF in the 2nd quarter worth $31,000. Rothschild Investment LLC purchased a new stake in shares of iShares MBS ETF during the 2nd quarter valued at $33,000. Godsey & Gibb Inc. bought a new stake in shares of iShares MBS ETF during the 3rd quarter worth $33,000. Finally, PSI Advisors LLC grew its position in iShares MBS ETF by 2,289.5% in the second quarter. PSI Advisors LLC now owns 454 shares of the company’s stock worth $42,000 after acquiring an additional 435 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB opened at $93.31 on Friday. The business’s fifty day simple moving average is $95.29 and its 200 day simple moving average is $93.04. iShares MBS ETF has a 52 week low of $85.85 and a 52 week high of $96.76.

iShares MBS ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.3177 per share. The ex-dividend date was Tuesday, September 3rd.

About iShares MBS ETF

(Free Report)

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).

Further Reading

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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