iShares MBS ETF (NASDAQ:MBB) Shares Sold by Foster & Motley Inc.

Foster & Motley Inc. lessened its stake in iShares MBS ETF (NASDAQ:MBB) by 9.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,485 shares of the company’s stock after selling 2,641 shares during the quarter. Foster & Motley Inc.’s holdings in iShares MBS ETF were worth $2,442,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in MBB. Envestnet Asset Management Inc. lifted its position in iShares MBS ETF by 12.7% during the second quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock valued at $2,298,639,000 after buying an additional 2,829,414 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of iShares MBS ETF by 6.9% during the 2nd 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. Jane Street Group LLC boosted its position in iShares MBS ETF by 542.0% during the 1st 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 during the period. TIAA Trust National Association increased its holdings in iShares MBS ETF by 2.3% in the 2nd quarter. TIAA Trust National Association now owns 4,768,602 shares of the company’s stock valued at $437,805,000 after purchasing an additional 107,420 shares in the last quarter. Finally, Allworth Financial LP raised its position in iShares MBS ETF by 2.4% in the third quarter. Allworth Financial LP now owns 3,069,901 shares of the company’s stock valued at $294,127,000 after purchasing an additional 71,046 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Down 0.8 %

Shares of NASDAQ MBB opened at $92.13 on Thursday. iShares MBS ETF has a 1-year low of $87.87 and a 1-year high of $96.76. The business has a 50-day moving average of $94.81 and a 200-day moving average of $93.22.

iShares MBS ETF Cuts Dividend

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

iShares MBS ETF 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).