Rational Advisors LLC Sells 1,161 Shares of iShares MBS ETF (NASDAQ:MBB)

Rational Advisors LLC decreased its position in iShares MBS ETF (NASDAQ:MBB) by 2.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,114 shares of the company’s stock after selling 1,161 shares during the period. Rational Advisors LLC’s holdings in iShares MBS ETF were worth $4,594,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Exchange Traded Concepts LLC bought a new position in shares of iShares MBS ETF in the third quarter worth approximately $519,000. Principal Financial Group Inc. purchased a new position in iShares MBS ETF in the 3rd quarter worth approximately $289,000. Kestra Investment Management LLC lifted its position in iShares MBS ETF by 265.9% in the 3rd quarter. Kestra Investment Management LLC now owns 249,363 shares of the company’s stock valued at $23,891,000 after acquiring an additional 181,210 shares in the last quarter. Fifth Third Bancorp boosted its stake in iShares MBS ETF by 272.8% during the 4th quarter. Fifth Third Bancorp now owns 1,633 shares of the company’s stock valued at $150,000 after purchasing an additional 1,195 shares during the last quarter. Finally, Cerity Partners LLC increased its holdings in shares of iShares MBS ETF by 0.5% in the 3rd quarter. Cerity Partners LLC now owns 39,068 shares of the company’s stock worth $3,743,000 after purchasing an additional 206 shares in the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

MBB stock opened at $92.43 on Monday. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76. The business has a fifty day moving average price of $91.84 and a 200-day moving average price of $93.50.

iShares MBS ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.3414 per share. 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 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).