PFG Advisors Decreases Holdings in iShares MBS ETF (NASDAQ:MBB)

PFG Advisors lessened its stake in shares of iShares MBS ETF (NASDAQ:MBBFree Report) by 32.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,926 shares of the company’s stock after selling 1,865 shares during the period. PFG Advisors’ holdings in iShares MBS ETF were worth $369,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Fairfield Bush & CO. purchased a new position in shares of iShares MBS ETF in the first quarter worth about $33,000. Synovus Financial Corp increased its stake in shares of iShares MBS ETF by 3.8% in the first quarter. Synovus Financial Corp now owns 14,266 shares of the company’s stock worth $1,453,000 after purchasing an additional 519 shares in the last quarter. Mackay Shields LLC increased its stake in shares of iShares MBS ETF by 80.0% in the first quarter. Mackay Shields LLC now owns 4,927 shares of the company’s stock worth $502,000 after purchasing an additional 2,190 shares in the last quarter. Moors & Cabot Inc. increased its stake in shares of iShares MBS ETF by 9.0% in the first quarter. Moors & Cabot Inc. now owns 8,130 shares of the company’s stock worth $828,000 after purchasing an additional 671 shares in the last quarter. Finally, Baird Financial Group Inc. increased its stake in shares of iShares MBS ETF by 15.8% in the first quarter. Baird Financial Group Inc. now owns 107,020 shares of the company’s stock worth $10,902,000 after purchasing an additional 14,625 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.1 %

MBB opened at $91.51 on Wednesday. The firm has a 50-day moving average price of $92.26 and a 200-day moving average price of $91.03. iShares MBS ETF has a twelve month low of $85.28 and a twelve month high of $96.07.

iShares MBS ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd will be paid a $0.2827 dividend. The ex-dividend date is Monday, April 1st. This represents a $3.39 annualized dividend and a dividend yield of 3.71%.

iShares MBS ETF Company Profile

(Free Report)

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).

See Also

Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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