Bridgewater Associates LP Sells 38,000 Shares of iShares MBS ETF (NASDAQ:MBB)

Bridgewater Associates LP lessened its holdings in iShares MBS ETF (NASDAQ:MBB) by 2.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,416,200 shares of the company’s stock after selling 38,000 shares during the quarter. iShares MBS ETF accounts for approximately 0.8% of Bridgewater Associates LP’s investment portfolio, making the stock its 24th biggest position. Bridgewater Associates LP owned about 0.39% of iShares MBS ETF worth $135,686,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. St. Johns Investment Management Company LLC acquired a new position in iShares MBS ETF during the 3rd quarter worth approximately $30,000. Chris Bulman Inc acquired a new position in shares of iShares MBS ETF during the second quarter worth $31,000. Godsey & Gibb Inc. acquired a new position in shares of iShares MBS ETF during the third quarter worth $33,000. Rothschild Investment LLC bought a new position in shares of iShares MBS ETF in the 2nd quarter valued at $33,000. Finally, MeadowBrook Investment Advisors LLC boosted its holdings 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 in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock opened at $93.32 on Wednesday. The company’s fifty day moving average is $93.87 and its 200 day moving average is $93.48. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.3099 per share. The ex-dividend date of this dividend 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).