iShares MBS ETF $MBB Shares Sold by Csenge Advisory Group

Csenge Advisory Group lessened its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 68.8% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 15,071 shares of the company’s stock after selling 33,178 shares during the quarter. Csenge Advisory Group’s holdings in iShares MBS ETF were worth $1,351,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Signature Equity Partners LLC raised its stake in shares of iShares MBS ETF by 27.4% in the 1st quarter. Signature Equity Partners LLC now owns 562 shares of the company’s stock valued at $53,000 after acquiring an additional 121 shares during the period. Sunesis Advisors LLC boosted its position in shares of iShares MBS ETF by 0.4% during the 3rd quarter. Sunesis Advisors LLC now owns 34,444 shares of the company’s stock worth $3,087,000 after purchasing an additional 130 shares during the period. Squarepoint Ops LLC boosted its position in shares of iShares MBS ETF by 5.1% during the 2nd quarter. Squarepoint Ops LLC now owns 2,843 shares of the company’s stock worth $269,000 after purchasing an additional 139 shares during the period. TrueWealth Advisors LLC boosted its position in shares of iShares MBS ETF by 6.0% during the 2nd quarter. TrueWealth Advisors LLC now owns 2,528 shares of the company’s stock worth $239,000 after purchasing an additional 143 shares during the period. Finally, Lynx Investment Advisory boosted its position in shares of iShares MBS ETF by 4.3% during the 3rd quarter. Lynx Investment Advisory now owns 3,497 shares of the company’s stock worth $313,000 after purchasing an additional 145 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Down 0.7%

iShares MBS ETF stock opened at $90.45 on Friday. iShares MBS ETF has a fifty-two week low of $88.58 and a fifty-two week high of $96.96. The firm has a 50 day moving average price of $90.91 and a 200 day moving average price of $93.61.

iShares MBS ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were paid a dividend of $0.3471 per share. This represents a $4.17 dividend on an annualized basis and a yield of 4.6%. This is a negative change from iShares MBS ETF’s previous monthly dividend of $0.3662. The ex-dividend date was Monday, November 2nd.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).