Claro Advisors LLC Has $1.60 Million Stake in iShares MBS ETF (NASDAQ:MBB)

Claro Advisors LLC lowered its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 12.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,425 shares of the company’s stock after selling 2,504 shares during the quarter. Claro Advisors LLC’s holdings in iShares MBS ETF were worth $1,598,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of MBB. Hobbs Group Advisors LLC raised its holdings in shares of iShares MBS ETF by 115.5% in 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 last quarter. St. Johns Investment Management Company LLC acquired a new position in shares of iShares MBS ETF during the 3rd quarter worth about $30,000. Godsey & Gibb Inc. bought a new position in shares of iShares MBS ETF in the 3rd quarter valued at about $33,000. MeadowBrook Investment Advisors LLC increased its position in shares of iShares MBS ETF by 413.5% in the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after acquiring an additional 306 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV boosted its position in iShares MBS ETF by 254.2% during the third quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock valued at $44,000 after purchasing an additional 333 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.2 %

Shares of iShares MBS ETF stock traded down $0.18 on Monday, reaching $90.34. 2,580,122 shares of the company were exchanged, compared to its average volume of 2,313,377. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76. The company has a 50-day moving average of $92.40 and a 200 day moving average of $93.62.

iShares MBS ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.2944 dividend. The ex-dividend date was Wednesday, December 18th.

About iShares MBS ETF

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).