Midwest Heritage Bank FSB Sells 882 Shares of iShares MBS ETF (NASDAQ:MBB)

Midwest Heritage Bank FSB decreased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 19.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,687 shares of the company’s stock after selling 882 shares during the period. Midwest Heritage Bank FSB’s holdings in iShares MBS ETF were worth $338,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of MBB. JPMorgan Chase & Co. lifted its stake in shares of iShares MBS ETF by 18.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock valued at $3,321,229,000 after purchasing an additional 5,521,374 shares during the period. Fisher Asset Management LLC increased its position in shares of iShares MBS ETF by 7.9% during the fourth quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock valued at $1,806,274,000 after acquiring an additional 1,436,342 shares during the last quarter. LPL Financial LLC increased its stake in shares of iShares MBS ETF by 6.3% during the 3rd quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock worth $1,838,565,000 after purchasing an additional 1,138,182 shares during the last quarter. Proficio Capital Partners LLC increased its holdings in iShares MBS ETF by 9,869.1% in the 4th quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock worth $504,100,000 after acquiring an additional 5,443,314 shares during the last quarter. Finally, Stifel Financial Corp grew its position in shares of iShares MBS ETF by 0.8% in the third quarter. Stifel Financial Corp now owns 3,550,412 shares of the company’s stock valued at $340,165,000 after purchasing an additional 27,441 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB opened at $93.22 on Thursday. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76. The company has a fifty day moving average price of $92.06 and a 200-day moving average price of $93.37.

iShares MBS ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be issued a dividend of $0.3204 per share. The ex-dividend date is Monday, March 3rd.

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).