Haverford Trust Co Sells 6,266 Shares of iShares MBS ETF (NASDAQ:MBB)

Haverford Trust Co cut its holdings in iShares MBS ETF (NASDAQ:MBB) by 18.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 27,943 shares of the company’s stock after selling 6,266 shares during the period. Haverford Trust Co’s holdings in iShares MBS ETF were worth $2,562,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in MBB. Ignite Planners LLC increased its holdings in shares of iShares MBS ETF by 4.9% in the fourth quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock worth $226,000 after buying an additional 115 shares during the period. Delos Wealth Advisors LLC increased its stake in iShares MBS ETF by 4.3% in the 3rd quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock worth $281,000 after purchasing an additional 121 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its position in iShares MBS ETF by 18.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 794 shares of the company’s stock valued at $73,000 after purchasing an additional 125 shares during the last quarter. Hobbs Group Advisors LLC boosted its stake in shares of iShares MBS ETF by 115.5% during the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after purchasing an additional 149 shares during the period. Finally, WMG Financial Advisors LLC boosted its stake in shares of iShares MBS ETF by 4.3% during the fourth quarter. WMG Financial Advisors LLC now owns 3,692 shares of the company’s stock valued at $338,000 after purchasing an additional 152 shares during the period. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.5 %

Shares of NASDAQ MBB opened at $93.07 on Tuesday. The firm’s fifty day moving average is $92.58 and its 200 day moving average is $93.16. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.3204 dividend. The ex-dividend date was Monday, March 3rd.

iShares MBS ETF Company 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).