Alternative Investment Advisors LLC. Reduces Stock Position in iShares MBS ETF (NASDAQ:MBB)

Alternative Investment Advisors LLC. reduced its position in shares of iShares MBS ETF (NASDAQ:MBB) by 4.3% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 80,473 shares of the company’s stock after selling 3,627 shares during the quarter. iShares MBS ETF accounts for about 4.1% of Alternative Investment Advisors LLC.’s investment portfolio, making the stock its 6th biggest holding. Alternative Investment Advisors LLC.’s holdings in iShares MBS ETF were worth $7,710,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Wealth Enhancement Advisory Services LLC raised its position in iShares MBS ETF by 2.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 110,351 shares of the company’s stock worth $10,131,000 after buying an additional 2,865 shares during the last quarter. Naples Global Advisors LLC bought a new position in iShares MBS ETF during the second quarter valued at approximately $657,000. Sensible Financial Planning & Management LLC. boosted its holdings in iShares MBS ETF by 4.0% in the second quarter. Sensible Financial Planning & Management LLC. now owns 661,103 shares of the company’s stock worth $60,696,000 after purchasing an additional 25,386 shares during the last quarter. Spectrum Planning & Advisory Services Inc. bought a new stake in iShares MBS ETF in the 2nd quarter worth approximately $3,466,000. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its stake in iShares MBS ETF by 4.5% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,121,472 shares of the company’s stock valued at $102,962,000 after buying an additional 47,971 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

Shares of MBB stock traded down $0.27 on Friday, reaching $92.69. The stock had a trading volume of 395,949 shares, compared to its average volume of 2,414,162. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76. The company has a 50 day simple moving average of $93.30 and a 200 day simple moving average of $93.63.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were given a dividend of $0.3074 per share. The ex-dividend date was Monday, December 2nd.

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).