FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) Sees Large Decline in Short Interest

FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 3,500 shares, a drop of 30.0% from the September 30th total of 5,000 shares. Based on an average daily volume of 9,800 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 9,800 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On FlexShares Disciplined Duration MBS Index Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ancora Advisors LLC bought a new stake in FlexShares Disciplined Duration MBS Index Fund during the 1st quarter worth $25,000. Atria Investments Inc grew its position in FlexShares Disciplined Duration MBS Index Fund by 11.7% during the 2nd quarter. Atria Investments Inc now owns 29,810 shares of the company’s stock worth $617,000 after acquiring an additional 3,126 shares during the last quarter. Jones Financial Companies Lllp grew its position in FlexShares Disciplined Duration MBS Index Fund by 15.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 33,012 shares of the company’s stock worth $689,000 after acquiring an additional 4,412 shares during the last quarter. Simplicity Wealth LLC lifted its holdings in FlexShares Disciplined Duration MBS Index Fund by 103.0% during the 2nd quarter. Simplicity Wealth LLC now owns 36,008 shares of the company’s stock worth $745,000 after buying an additional 18,274 shares during the period. Finally, Bank of America Corp DE grew its position in shares of FlexShares Disciplined Duration MBS Index Fund by 31.5% in the 2nd quarter. Bank of America Corp DE now owns 47,453 shares of the company’s stock valued at $982,000 after buying an additional 11,357 shares during the last quarter.

FlexShares Disciplined Duration MBS Index Fund Trading Up 0.0%

MBSD stock traded up $0.01 during midday trading on Tuesday, reaching $20.87. 10,563 shares of the stock were exchanged, compared to its average volume of 13,813. FlexShares Disciplined Duration MBS Index Fund has a 52 week low of $19.99 and a 52 week high of $21.10. The company has a fifty day moving average price of $20.88 and a 200 day moving average price of $20.64.

FlexShares Disciplined Duration MBS Index Fund Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, September 8th. Investors of record on Tuesday, September 2nd were given a dividend of $0.0659 per share. The ex-dividend date was Tuesday, September 2nd. This represents a c) dividend on an annualized basis and a yield of 3.8%.

FlexShares Disciplined Duration MBS Index Fund Company Profile

The FlexShares Disciplined Duration MBS Index Fund (MBSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of agency-backed mortgage-backed securities that aims for 3.25-4.25 years of effective duration. The index uses a proprietary weighting scheme.