iShares MBS ETF $MBB Stock Holdings Lowered by CI Investments Inc.

CI Investments Inc. cut its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 37.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,457 shares of the company’s stock after selling 35,600 shares during the quarter. CI Investments Inc.’s holdings in iShares MBS ETF were worth $5,657,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Delos Wealth Advisors LLC purchased a new position in shares of iShares MBS ETF in the second quarter worth approximately $26,000. Howe & Rusling Inc. boosted its stake in iShares MBS ETF by 184.0% in the 3rd quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock worth $27,000 after purchasing an additional 184 shares during the period. Westfuller Advisors LLC purchased a new position in iShares MBS ETF during the 3rd quarter worth approximately $33,000. Evolution Wealth Management Inc. acquired a new stake in iShares MBS ETF during the 2nd quarter valued at $39,000. Finally, Realta Investment Advisors lifted its holdings in shares of iShares MBS ETF by 87.8% in the third quarter. Realta Investment Advisors now owns 507 shares of the company’s stock valued at $48,000 after purchasing an additional 237 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Down 0.0%

NASDAQ:MBB opened at $95.95 on Thursday. iShares MBS ETF has a fifty-two week low of $90.84 and a fifty-two week high of $96.96. The stock’s 50-day moving average is $95.76 and its two-hundred day moving average is $95.36.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd will be paid a $0.3278 dividend. The ex-dividend date is Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

About iShares MBS ETF

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).