FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) Short Interest Down 60.5% in March

FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD) saw a large decrease in short interest in March. As of March 13th, there was short interest totaling 1,785 shares, a decrease of 60.5% from the February 26th total of 4,518 shares. Based on an average trading volume of 7,216 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

FlexShares Disciplined Duration MBS Index Fund Trading Down 0.7%

Shares of NYSEARCA:MBSD traded down $0.15 during trading hours on Thursday, hitting $20.53. The company’s stock had a trading volume of 8,098 shares, compared to its average volume of 9,569. FlexShares Disciplined Duration MBS Index Fund has a 52 week low of $20.21 and a 52 week high of $21.10. The firm’s fifty day moving average price is $20.83 and its 200 day moving average price is $20.85.

FlexShares Disciplined Duration MBS Index Fund Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were paid a dividend of $0.0631 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Monday, March 2nd.

Hedge Funds Weigh In On FlexShares Disciplined Duration MBS Index Fund

A number of large investors have recently made changes to their positions in the business. Bank of America Corp DE grew its stake in FlexShares Disciplined Duration MBS Index Fund by 4.0% during the 3rd quarter. Bank of America Corp DE now owns 49,332 shares of the company’s stock worth $1,029,000 after buying an additional 1,879 shares during the last quarter. Cottonwood Capital Advisors LLC boosted its stake in FlexShares Disciplined Duration MBS Index Fund by 0.8% in the 3rd quarter. Cottonwood Capital Advisors LLC now owns 352,031 shares of the company’s stock worth $7,343,000 after purchasing an additional 2,915 shares in the last quarter. Jones Financial Companies Lllp increased its stake 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 valued at $689,000 after purchasing an additional 4,412 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in shares of FlexShares Disciplined Duration MBS Index Fund by 7.6% in the fourth quarter. Sanctuary Advisors LLC now owns 63,625 shares of the company’s stock worth $1,322,000 after buying an additional 4,484 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in shares of FlexShares Disciplined Duration MBS Index Fund by 30.4% in the fourth quarter. LPL Financial LLC now owns 30,497 shares of the company’s stock worth $634,000 after buying an additional 7,114 shares during the last quarter.

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. MBSD was launched on Sep 4, 2014 and is managed by FlexShares.