Alternative Investment Advisors LLC. Has $7.71 Million Stake in iShares MBS ETF (NASDAQ:MBB)

Alternative Investment Advisors LLC. lowered its position in iShares MBS ETF (NASDAQ:MBB) by 4.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 80,473 shares of the company’s stock after selling 3,627 shares during the quarter. iShares MBS ETF comprises about 4.1% of Alternative Investment Advisors LLC.’s portfolio, making the stock its 6th largest position. Alternative Investment Advisors LLC.’s holdings in iShares MBS ETF were worth $7,710,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Hobbs Group Advisors LLC grew its stake in iShares MBS ETF by 115.5% in the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after purchasing an additional 149 shares in the last quarter. St. Johns Investment Management Company LLC bought a new position in iShares MBS ETF during the 3rd quarter worth about $30,000. Chris Bulman Inc purchased a new stake in shares of iShares MBS ETF in the 2nd quarter worth approximately $31,000. Godsey & Gibb Inc. purchased a new stake in shares of iShares MBS ETF during the third quarter valued at about $33,000. Finally, Rothschild Investment LLC purchased a new stake in iShares MBS ETF during the second quarter valued at approximately $33,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.3 %

MBB stock traded down $0.27 during trading on Friday, reaching $92.69. The company had a trading volume of 395,949 shares, compared to its average volume of 2,414,162. The firm has a 50-day simple moving average of $93.30 and a 200-day simple moving average of $93.63. 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 firm also recently announced a dividend, which was paid on Thursday, December 5th. Investors of record on Monday, December 2nd were issued a dividend of $0.3074 per share. The ex-dividend date of this dividend was Monday, December 2nd.

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).