Bridgewater Associates LP Cuts Holdings in iShares MBS ETF (NASDAQ:MBB)

Bridgewater Associates LP lowered its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 2.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,416,200 shares of the company’s stock after selling 38,000 shares during the period. iShares MBS ETF accounts for 0.8% of Bridgewater Associates LP’s portfolio, making the stock its 24th largest position. Bridgewater Associates LP’s holdings in iShares MBS ETF were worth $135,686,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Strategic Blueprint LLC raised its holdings in iShares MBS ETF by 0.6% in the third quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock worth $1,792,000 after purchasing an additional 116 shares in the last quarter. DB Fitzpatrick & Co Inc increased its stake in shares of iShares MBS ETF by 0.6% during the second quarter. DB Fitzpatrick & Co Inc now owns 19,518 shares of the company’s stock valued at $1,792,000 after purchasing an additional 119 shares in the last quarter. Cypress Wealth Services LLC increased its position in iShares MBS ETF by 0.3% during the 3rd 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 in the last quarter. Savvy Advisors Inc. raised its position in shares of iShares MBS ETF by 4.3% in the 3rd quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after purchasing an additional 121 shares during the last quarter. Finally, Lodestar Private Asset Management LLC grew its position in iShares MBS ETF by 0.6% during the 3rd quarter. Lodestar Private Asset Management LLC now owns 20,693 shares of the company’s stock valued at $1,983,000 after purchasing an additional 131 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.1 %

Shares of iShares MBS ETF stock opened at $93.32 on Wednesday. The company has a 50-day simple moving average of $93.87 and a two-hundred day simple moving average of $93.48. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.3099 per share. The ex-dividend date of this dividend was Friday, November 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).