SRS Capital Advisors Inc. Sells 859 Shares of iShares MBS ETF (NASDAQ:MBB)

SRS Capital Advisors Inc. lowered its stake in iShares MBS ETF (NASDAQ:MBB) by 8.3% in the 4th quarter, Holdings Channel reports. The firm owned 9,551 shares of the company’s stock after selling 859 shares during the quarter. SRS Capital Advisors Inc.’s holdings in iShares MBS ETF were worth $876,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Bailard Inc. boosted its stake in iShares MBS ETF by 1.7% in the 4th quarter. Bailard Inc. now owns 71,330 shares of the company’s stock worth $6,540,000 after purchasing an additional 1,199 shares during the period. Smartleaf Asset Management LLC boosted its stake in iShares MBS ETF by 22.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 7,426 shares of the company’s stock worth $681,000 after purchasing an additional 1,351 shares during the period. Sharkey Howes & Javer boosted its stake in iShares MBS ETF by 3.6% in the 4th quarter. Sharkey Howes & Javer now owns 195,431 shares of the company’s stock worth $17,917,000 after purchasing an additional 6,838 shares during the period. Spectrum Wealth Counsel LLC boosted its stake in iShares MBS ETF by 9.4% in the 4th quarter. Spectrum Wealth Counsel LLC now owns 67,510 shares of the company’s stock worth $6,189,000 after purchasing an additional 5,778 shares during the period. Finally, Connable Office Inc. bought a new position in iShares MBS ETF in the 4th quarter worth about $11,470,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $94.08 on Monday. The business has a 50-day simple moving average of $91.92 and a two-hundred day simple moving average of $93.38. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76.

iShares MBS ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.3414 dividend. The ex-dividend date was Monday, February 3rd. This is a boost from iShares MBS ETF’s previous dividend of $0.29.

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).