FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD – Get Free Report) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 5,444 shares, a decline of 38.8% from the September 30th total of 8,891 shares. Based on an average daily trading volume, of 16,045 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold.
Institutional Trading of FlexShares Disciplined Duration MBS Index Fund
Institutional investors have recently bought and sold shares of the company. Boltwood Capital Management acquired a new position in FlexShares Disciplined Duration MBS Index Fund in the third quarter worth about $4,496,000. MGO One Seven LLC increased its stake in FlexShares Disciplined Duration MBS Index Fund by 5.9% in the third quarter. MGO One Seven LLC now owns 351,221 shares of the company’s stock valued at $6,981,000 after purchasing an additional 19,609 shares in the last quarter. Cottonwood Capital Advisors LLC raised its position in shares of FlexShares Disciplined Duration MBS Index Fund by 4.5% during the third quarter. Cottonwood Capital Advisors LLC now owns 403,104 shares of the company’s stock worth $8,012,000 after purchasing an additional 17,320 shares during the period. Titleist Asset Management LLC boosted its stake in FlexShares Disciplined Duration MBS Index Fund by 3.1% in the 3rd quarter. Titleist Asset Management LLC now owns 220,743 shares of the company’s stock worth $4,387,000 after purchasing an additional 6,689 shares during the period. Finally, Sanctuary Advisors LLC boosted its position in FlexShares Disciplined Duration MBS Index Fund by 8.4% during the first quarter. Sanctuary Advisors LLC now owns 68,976 shares of the company’s stock valued at $1,428,000 after purchasing an additional 5,351 shares during the last quarter.
FlexShares Disciplined Duration MBS Index Fund Price Performance
Shares of NYSEARCA MBSD traded down $0.04 during trading on Tuesday, reaching $20.12. The stock had a trading volume of 9,107 shares, compared to its average volume of 10,305. FlexShares Disciplined Duration MBS Index Fund has a one year low of $19.70 and a one year high of $21.06. The firm’s 50 day moving average price is $20.09 and its two-hundred day moving average price is $20.52.
About FlexShares Disciplined Duration MBS Index Fund
The FlexShares Disciplined Duration MBS Index Fund (MBSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of agency-backed mortgage-backed securities that aims for 3.25-4.25 years of effective duration. The index uses a proprietary weighting scheme. MBSD was launched on Sep 4, 2014 and is managed by FlexShares.
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