Quartz Partners LLC Lowers Holdings in iShares MBS ETF (NASDAQ:MBB)

Quartz Partners LLC reduced its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 2.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 6,026 shares of the company’s stock after selling 159 shares during the quarter. Quartz Partners LLC’s holdings in iShares MBS ETF were worth $552,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Alpha Financial Partners LLC acquired a new stake in shares of iShares MBS ETF during the 3rd quarter worth approximately $2,960,000. Arkadios Wealth Advisors boosted its holdings in iShares MBS ETF by 6.6% during the third quarter. Arkadios Wealth Advisors now owns 24,430 shares of the company’s stock worth $2,341,000 after buying an additional 1,513 shares in the last quarter. PFG Investments LLC acquired a new stake in iShares MBS ETF during the third quarter valued at $1,139,000. Wealth Enhancement Advisory Services LLC increased its holdings in iShares MBS ETF by 38.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 152,538 shares of the company’s stock valued at $14,615,000 after buying an additional 42,187 shares in the last quarter. Finally, GHP Investment Advisors Inc. increased its holdings in iShares MBS ETF by 0.9% in the third quarter. GHP Investment Advisors Inc. now owns 19,543 shares of the company’s stock valued at $1,872,000 after buying an additional 166 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.5 %

Shares of iShares MBS ETF stock opened at $92.87 on Monday. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76. The firm has a 50-day simple moving average of $91.75 and a two-hundred day simple moving average of $93.42.

iShares MBS ETF Increases Dividend

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

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).