Sage Advisory Services Ltd.Co. Has $20.14 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

Sage Advisory Services Ltd.Co. lessened its stake in iShares MBS ETF (NASDAQ:MBB) by 26.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 219,688 shares of the company’s stock after selling 77,540 shares during the period. iShares MBS ETF comprises 12.0% of Sage Advisory Services Ltd.Co.’s investment portfolio, making the stock its 2nd biggest position. Sage Advisory Services Ltd.Co.’s holdings in iShares MBS ETF were worth $20,141,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hobbs Group Advisors LLC raised its position in shares of 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 acquiring an additional 149 shares during the last quarter. MeadowBrook Investment Advisors LLC raised its position in shares of 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 acquiring an additional 306 shares during the last quarter. Key Financial Inc raised its position in shares of 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 acquiring an additional 422 shares during the last quarter. Activest Wealth Management acquired a new position in shares of iShares MBS ETF in the 4th quarter valued at $58,000. Finally, CENTRAL TRUST Co grew its holdings in shares of iShares MBS ETF by 41.4% in the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock valued at $59,000 after buying an additional 189 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB stock opened at $93.67 on Friday. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76. The firm has a fifty day moving average of $91.87 and a 200-day moving average of $93.41.

iShares MBS ETF Increases Dividend

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

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).