First Heartland Consultants Inc. Has $1.26 Million Holdings in iShares MBS ETF (NASDAQ:MBB)

First Heartland Consultants Inc. raised its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 16.8% during the third quarter, HoldingsChannel.com reports. The firm owned 13,102 shares of the company’s stock after acquiring an additional 1,884 shares during the quarter. First Heartland Consultants Inc.’s holdings in iShares MBS ETF were worth $1,255,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Crewe Advisors LLC raised its position in shares of iShares MBS ETF by 62.8% in the 1st quarter. Crewe Advisors LLC now owns 1,426 shares of the company’s stock valued at $132,000 after acquiring an additional 550 shares during the period. Exchange Traded Concepts LLC bought a new position in shares of iShares MBS ETF in the third quarter valued at $519,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares MBS ETF in the second quarter valued at $61,000. Ascent Group LLC lifted its holdings in iShares MBS ETF by 27.5% during the 2nd quarter. Ascent Group LLC now owns 76,549 shares of the company’s stock valued at $7,028,000 after purchasing an additional 16,488 shares during the last quarter. Finally, Zions Bancorporation N.A. acquired a new stake in iShares MBS ETF during the 2nd quarter valued at $189,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Down 0.4 %

iShares MBS ETF stock traded down $0.38 during mid-day trading on Tuesday, hitting $92.55. 230,151 shares of the company’s stock traded hands, compared to its average volume of 2,324,645. iShares MBS ETF has a fifty-two week low of $87.87 and a fifty-two week high of $96.76. The firm has a 50 day simple moving average of $94.67 and a two-hundred day simple moving average of $93.31.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.3099 per share. The ex-dividend date was Friday, November 1st.

About iShares MBS ETF

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).