United Capital Financial Advisors LLC Lowers Stake in iShares MBS ETF (NASDAQ:MBB)

United Capital Financial Advisors LLC cut its stake in iShares MBS ETF (NASDAQ:MBB) by 0.5% in the 4th quarter, Holdings Channel reports. The fund owned 1,488,518 shares of the company’s stock after selling 6,911 shares during the quarter. iShares MBS ETF comprises about 1.2% of United Capital Financial Advisors LLC’s holdings, making the stock its 14th largest position. United Capital Financial Advisors LLC’s holdings in iShares MBS ETF were worth $136,467,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its position in iShares MBS ETF by 9.0% during the fourth quarter. Principal Financial Group Inc. now owns 3,293 shares of the company’s stock valued at $302,000 after buying an additional 272 shares during the period. PNC Financial Services Group Inc. lifted its position in 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 valued at $268,726,000 after purchasing an additional 121,689 shares during the last quarter. Proficio Capital Partners LLC boosted its stake in shares of iShares MBS ETF by 54.0% during the fourth quarter. Proficio Capital Partners LLC now owns 84,964 shares of the company’s stock valued at $7,790,000 after purchasing an additional 29,809 shares during the period. Voisard Asset Management Group Inc. increased its stake in shares of iShares MBS ETF by 2,221.2% in the fourth quarter. Voisard Asset Management Group Inc. now owns 82,102 shares of the company’s stock worth $7,527,000 after buying an additional 78,565 shares during the period. Finally, Fifth Third Bancorp boosted its position in iShares MBS ETF by 272.8% during 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 period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.7 %

Shares of NASDAQ:MBB opened at $92.57 on Tuesday. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76. The company has a 50-day moving average price of $93.01 and a 200-day moving average price of $92.81.

iShares MBS ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were issued a $0.3309 dividend. The ex-dividend date was Tuesday, April 1st. This is a positive change from iShares MBS ETF’s previous dividend of $0.32.

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).