Pine Valley Investments Ltd Liability Co Sells 752 Shares of iShares MBS ETF (NASDAQ:MBB)

Pine Valley Investments Ltd Liability Co decreased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 22.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,666 shares of the company’s stock after selling 752 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in iShares MBS ETF were worth $244,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Principal Financial Group Inc. purchased a new position in shares of iShares MBS ETF during the third quarter valued at about $289,000. Kestra Investment Management LLC boosted its position in iShares MBS ETF by 265.9% during the 3rd quarter. Kestra Investment Management LLC now owns 249,363 shares of the company’s stock valued at $23,891,000 after acquiring an additional 181,210 shares in the last quarter. Fifth Third Bancorp grew its holdings in shares of iShares MBS ETF by 272.8% during the 4th quarter. Fifth Third Bancorp now owns 1,633 shares of the company’s stock worth $150,000 after acquiring an additional 1,195 shares during the period. Cerity Partners LLC raised its position in shares of iShares MBS ETF by 0.5% in the 3rd quarter. Cerity Partners LLC now owns 39,068 shares of the company’s stock worth $3,743,000 after acquiring an additional 206 shares in the last quarter. Finally, Cobblestone Capital Advisors LLC NY lifted its stake in shares of iShares MBS ETF by 2.0% in the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 24,696 shares of the company’s stock valued at $2,366,000 after purchasing an additional 495 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $93.67 on Friday. The stock’s 50 day moving average is $91.87 and its 200 day moving average is $93.41. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76.

iShares MBS ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.3414 dividend. The ex-dividend date was Monday, February 3rd. This is an increase from iShares MBS ETF’s previous dividend of $0.29.

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).