Townsquare Capital LLC Sells 21,381 Shares of iShares MBS ETF (NASDAQ:MBB)

Townsquare Capital LLC trimmed its position in iShares MBS ETF (NASDAQ:MBB) by 37.3% in the third quarter, Holdings Channel.com reports. The firm owned 35,930 shares of the company’s stock after selling 21,381 shares during the period. Townsquare Capital LLC’s holdings in iShares MBS ETF were worth $3,442,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MBB. Comerica Bank lifted its stake in shares of iShares MBS ETF by 27.0% in the 1st quarter. Comerica Bank now owns 61,807 shares of the company’s stock valued at $5,712,000 after purchasing an additional 13,138 shares during the period. Westwood Holdings Group Inc. boosted its holdings in iShares MBS ETF by 38.0% during the first quarter. Westwood Holdings Group Inc. now owns 8,995 shares of the company’s stock worth $831,000 after buying an additional 2,475 shares during the last quarter. First International Bank & Trust grew its position in shares of iShares MBS ETF by 5.7% during the 2nd quarter. First International Bank & Trust now owns 5,154 shares of the company’s stock worth $473,000 after buying an additional 277 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares MBS ETF in the 2nd quarter valued at about $61,000. Finally, ST Germain D J Co. Inc. raised its position in shares of iShares MBS ETF by 1.5% in the 2nd quarter. ST Germain D J Co. Inc. now owns 294,005 shares of the company’s stock valued at $26,993,000 after acquiring an additional 4,454 shares during the period. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $93.93 on Friday. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76. The company’s 50 day simple moving average is $93.72 and its 200 day simple moving average is $93.50.

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).