iShares MBS ETF (NASDAQ:MBB) Shares Sold by Leavell Investment Management Inc.

Leavell Investment Management Inc. lessened its stake in iShares MBS ETF (NASDAQ:MBB) by 0.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 112,885 shares of the company’s stock after selling 491 shares during the period. Leavell Investment Management Inc.’s holdings in iShares MBS ETF were worth $10,816,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. St. Johns Investment Management Company LLC bought a new position in shares of iShares MBS ETF in the 3rd quarter worth about $30,000. Chris Bulman Inc bought a new position in shares of iShares MBS ETF during the second quarter valued at approximately $31,000. Rothschild Investment LLC acquired a new stake in shares of iShares MBS ETF during the 2nd quarter worth approximately $33,000. Godsey & Gibb Inc. bought a new stake in shares of iShares MBS ETF in the 3rd quarter worth approximately $33,000. Finally, PSI Advisors LLC boosted its position in iShares MBS ETF by 2,289.5% during the 2nd quarter. PSI Advisors LLC now owns 454 shares of the company’s stock valued at $42,000 after purchasing an additional 435 shares during the period. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

MBB traded up $0.23 during trading on Friday, reaching $93.31. 1,143,395 shares of the company were exchanged, compared to its average volume of 2,321,514. iShares MBS ETF has a 52 week low of $87.87 and a 52 week high of $96.76. The firm has a 50 day moving average of $94.81 and a 200 day moving average of $93.22.

iShares MBS ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.3099 per share. The ex-dividend date was Friday, November 1st.

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).