Ausdal Financial Partners Inc. Sells 604 Shares of iShares MBS ETF (NASDAQ:MBB)

Ausdal Financial Partners Inc. trimmed its position in iShares MBS ETF (NASDAQ:MBB) by 17.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 2,863 shares of the company’s stock after selling 604 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in iShares MBS ETF were worth $262,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of MBB. Principal Financial Group Inc. lifted its stake in iShares MBS ETF by 9.0% in the 4th quarter. Principal Financial Group Inc. now owns 3,293 shares of the company’s stock valued at $302,000 after acquiring an additional 272 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of iShares MBS ETF by 4.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,931,127 shares of the company’s stock worth $268,726,000 after purchasing an additional 121,689 shares in the last quarter. Proficio Capital Partners LLC boosted its holdings in iShares MBS ETF by 54.0% during the fourth quarter. Proficio Capital Partners LLC now owns 84,964 shares of the company’s stock worth $7,790,000 after purchasing an additional 29,809 shares during the last quarter. Kestra Investment Management LLC grew its position in iShares MBS ETF by 265.9% in the third quarter. Kestra Investment Management LLC now owns 249,363 shares of the company’s stock valued at $23,891,000 after purchasing an additional 181,210 shares in the last quarter. Finally, Fifth Third Bancorp increased its stake in iShares MBS ETF by 272.8% in the 4th quarter. Fifth Third Bancorp now owns 1,633 shares of the company’s stock valued at $150,000 after buying an additional 1,195 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $93.66 on Friday. The firm has a 50-day moving average of $92.74 and a 200-day moving average of $93.13. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.3204 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

iShares MBS ETF 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).