Avalon Advisors LLC lowered its position in iShares MBS ETF (NASDAQ:MBB) by 3.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 370,460 shares of the company’s stock after selling 14,718 shares during the quarter. iShares MBS ETF makes up approximately 1.0% of Avalon Advisors LLC’s holdings, making the stock its 23rd biggest position. Avalon Advisors LLC’s holdings in iShares MBS ETF were worth $38,769,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Advocacy Wealth Management Services LLC purchased a new position in iShares MBS ETF in the fourth quarter valued at about $39,000. ERTS Wealth Advisors LLC purchased a new position in iShares MBS ETF in the fourth quarter valued at about $42,000. Financial Gravity Companies Inc. purchased a new position in iShares MBS ETF in the fourth quarter valued at about $54,000. Essex Savings Bank purchased a new position in iShares MBS ETF in the fourth quarter valued at about $84,000. Finally, Honkamp Krueger Financial Services Inc. purchased a new position in iShares MBS ETF in the third quarter valued at about $116,000.

Shares of NASDAQ MBB opened at $105.36 on Friday. iShares MBS ETF has a one year low of $101.75 and a one year high of $105.51.

The company also recently announced a monthly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, March 4th were paid a $0.2851 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $3.42 dividend on an annualized basis and a yield of 3.25%.

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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).

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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