Park Place Capital Corp Sells 2,234 Shares of iShares MBS ETF (NASDAQ:MBB)

Park Place Capital Corp cut its position in iShares MBS ETF (NASDAQ:MBB) by 8.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 24,704 shares of the company’s stock after selling 2,234 shares during the quarter. Park Place Capital Corp’s holdings in iShares MBS ETF were worth $2,265,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Hobbs Group Advisors LLC lifted its stake in iShares MBS ETF by 115.5% during the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after acquiring an additional 149 shares during the period. St. Johns Investment Management Company LLC acquired a new position in iShares MBS ETF during the third quarter valued at $30,000. Godsey & Gibb Inc. acquired a new position in iShares MBS ETF during the third quarter valued at $33,000. MeadowBrook Investment Advisors LLC boosted its holdings in iShares MBS ETF by 413.5% in the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after purchasing an additional 306 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV grew its position in iShares MBS ETF by 254.2% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock worth $44,000 after purchasing an additional 333 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Up 0.2 %

Shares of MBB stock opened at $91.82 on Wednesday. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76. The stock has a 50 day moving average of $92.20 and a 200 day moving average of $93.60.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.2944 per share. The ex-dividend date of this dividend was Wednesday, December 18th.

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).