Liberty Wealth Management LLC Sells 110,966 Shares of iShares MBS ETF (NASDAQ:MBB)

Liberty Wealth Management LLC trimmed its stake in iShares MBS ETF (NASDAQ:MBB) by 66.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 56,390 shares of the company’s stock after selling 110,966 shares during the quarter. iShares MBS ETF makes up about 0.9% of Liberty Wealth Management LLC’s portfolio, making the stock its 27th biggest holding. Liberty Wealth Management LLC’s holdings in iShares MBS ETF were worth $5,402,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Strategic Blueprint LLC boosted its stake in shares of iShares MBS ETF by 0.6% during the 3rd quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock worth $1,792,000 after acquiring an additional 116 shares during the period. Strait & Sound Wealth Management LLC increased its stake in shares of iShares MBS ETF by 3.7% during the first quarter. Strait & Sound Wealth Management LLC now owns 3,309 shares of the company’s stock worth $298,000 after purchasing an additional 117 shares during the period. DB Fitzpatrick & Co Inc lifted its holdings in iShares MBS ETF by 0.6% during the 2nd quarter. DB Fitzpatrick & Co Inc now owns 19,518 shares of the company’s stock worth $1,792,000 after purchasing an additional 119 shares during the last quarter. Cypress Wealth Services LLC lifted its holdings in shares of iShares MBS ETF by 0.3% during the third quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock worth $4,463,000 after buying an additional 120 shares in the last quarter. Finally, New Republic Capital LLC boosted its position in shares of iShares MBS ETF by 5.0% in the first quarter. New Republic Capital LLC now owns 2,636 shares of the company’s stock valued at $244,000 after acquiring an additional 125 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $93.09 on Friday. iShares MBS ETF has a 12-month low of $87.87 and a 12-month high of $96.76. The company’s 50 day moving average price is $94.72 and its two-hundred day moving average price is $93.24.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.3099 per share. The ex-dividend date of this dividend was Friday, November 1st.

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).