iShares MBS ETF (NASDAQ:MBB) Position Reduced by Pathstone Holdings LLC

Pathstone Holdings LLC reduced its position in shares of iShares MBS ETF (NASDAQ:MBB) by 0.4% in the third quarter, HoldingsChannel.com reports. The firm owned 205,588 shares of the company’s stock after selling 786 shares during the period. Pathstone Holdings LLC’s holdings in iShares MBS ETF were worth $19,697,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of MBB. Jane Street Group LLC raised its position 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 acquiring an additional 7,116,171 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares MBS ETF by 12.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock worth $2,298,639,000 after purchasing an additional 2,829,414 shares in the last quarter. Dynasty Wealth Management LLC acquired a new stake in iShares MBS ETF during the first quarter valued at approximately $158,046,000. LPL Financial LLC boosted its holdings in iShares MBS ETF by 6.9% during the second quarter. LPL Financial LLC now owns 18,051,515 shares of the company’s stock worth $1,657,310,000 after buying an additional 1,157,953 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in iShares MBS ETF by 103.0% in the first quarter. Cetera Investment Advisers now owns 1,495,419 shares of the company’s stock worth $138,207,000 after buying an additional 758,693 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.2 %

Shares of NASDAQ:MBB opened at $92.37 on Wednesday. The stock has a fifty day moving average of $94.24 and a 200-day moving average of $93.41. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76.

iShares MBS ETF Cuts Dividend

The business 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).