Cypress Capital LLC Sells 295 Shares of iShares MBS ETF (NASDAQ:MBB)

Cypress Capital LLC cut its holdings in iShares MBS ETF (NASDAQ:MBB) by 3.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,198 shares of the company’s stock after selling 295 shares during the quarter. Cypress Capital LLC’s holdings in iShares MBS ETF were worth $660,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MBB. Hobbs Group Advisors LLC raised its stake in iShares MBS ETF by 115.5% during the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after buying an additional 149 shares during the last quarter. St. Johns Investment Management Company LLC purchased a new stake in iShares MBS ETF during the 3rd quarter valued at $30,000. MeadowBrook Investment Advisors LLC raised its stake in iShares MBS ETF by 413.5% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after buying an additional 306 shares during the last quarter. Key Financial Inc raised its stake in iShares MBS ETF by 4,220.0% during the 4th quarter. Key Financial Inc now owns 432 shares of the company’s stock valued at $40,000 after buying an additional 422 shares during the last quarter. Finally, Activest Wealth Management purchased a new stake in iShares MBS ETF during the 4th quarter valued at $58,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Up 0.5 %

Shares of MBB opened at $92.87 on Friday. The firm has a fifty day simple moving average of $91.75 and a two-hundred day simple moving average of $93.45. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76.

iShares MBS ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.3414 dividend. This is a positive change from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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).