Florin Court Capital LLP Sells 19,700 Shares of iShares MBS ETF (NASDAQ:MBB)

Florin Court Capital LLP cut its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 59.9% in the fourth quarter, Holdings Channel reports. The fund owned 13,200 shares of the company’s stock after selling 19,700 shares during the period. iShares MBS ETF comprises approximately 1.3% of Florin Court Capital LLP’s holdings, making the stock its 21st biggest position. Florin Court Capital LLP’s holdings in iShares MBS ETF were worth $1,210,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Auour Investments LLC bought a new position in shares of iShares MBS ETF in the fourth quarter valued at about $216,000. Wealth Alliance raised its holdings in shares of iShares MBS ETF by 13.0% in the fourth quarter. Wealth Alliance now owns 64,566 shares of the company’s stock valued at $5,919,000 after buying an additional 7,450 shares during the last quarter. Private Advisor Group LLC raised its holdings in shares of iShares MBS ETF by 25.6% in the fourth quarter. Private Advisor Group LLC now owns 215,703 shares of the company’s stock valued at $19,776,000 after buying an additional 43,941 shares during the last quarter. Global Retirement Partners LLC raised its holdings in shares of iShares MBS ETF by 11.8% in the fourth quarter. Global Retirement Partners LLC now owns 155,925 shares of the company’s stock valued at $14,295,000 after buying an additional 16,486 shares during the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in shares of iShares MBS ETF by 22.8% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 91,267 shares of the company’s stock valued at $8,368,000 after buying an additional 16,967 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Up 0.3 %

iShares MBS ETF stock opened at $92.38 on Friday. The stock has a 50-day simple moving average of $91.76 and a 200 day simple moving average of $93.45. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76.

iShares MBS ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.3414 per share. This is a boost from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

About iShares MBS ETF

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).