Financial Advocates Investment Management Sells 2,540 Shares of iShares MBS ETF (NASDAQ:MBB)

Financial Advocates Investment Management trimmed its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 2.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 101,200 shares of the company’s stock after selling 2,540 shares during the quarter. Financial Advocates Investment Management’s holdings in iShares MBS ETF were worth $9,656,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in MBB. Jane Street Group LLC grew its stake in iShares MBS ETF by 542.0% in the first quarter. Jane Street Group LLC now owns 8,429,084 shares of the company’s stock worth $779,016,000 after purchasing an additional 7,116,171 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares MBS ETF by 12.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock worth $2,298,639,000 after buying an additional 2,829,414 shares in the last quarter. Dynasty Wealth Management LLC purchased a new position in shares of iShares MBS ETF during the first quarter valued at $158,046,000. LPL Financial LLC raised its holdings in shares of iShares MBS ETF by 6.9% in the second quarter. LPL Financial LLC now owns 18,051,515 shares of the company’s stock valued at $1,657,310,000 after acquiring an additional 1,157,953 shares in the last quarter. Finally, Bessemer Group Inc. lifted its stake in iShares MBS ETF by 2,198.6% in the first quarter. Bessemer Group Inc. now owns 994,220 shares of the company’s stock worth $91,886,000 after acquiring an additional 950,966 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Down 0.2 %

Shares of iShares MBS ETF stock opened at $92.94 on Thursday. iShares MBS ETF has a 1 year low of $86.48 and a 1 year high of $96.76. The firm’s 50-day moving average is $95.10 and its two-hundred day moving average is $93.12.

iShares MBS ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.3177 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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).