Creative Planning Trims Holdings in iShares MBS ETF (NASDAQ:MBB)

Creative Planning decreased its holdings in iShares MBS ETF (NASDAQ:MBB) by 10.1% during the third quarter, HoldingsChannel.com reports. The firm owned 173,801 shares of the company’s stock after selling 19,605 shares during the quarter. Creative Planning’s holdings in iShares MBS ETF were worth $16,652,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jane Street Group LLC increased its stake in shares of iShares MBS ETF by 542.0% during the first quarter. Jane Street Group LLC now owns 8,429,084 shares of the company’s stock valued at $779,016,000 after buying an additional 7,116,171 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of 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 during the period. 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 increased its stake in shares of iShares MBS ETF by 6.9% during the second quarter. LPL Financial LLC now owns 18,051,515 shares of the company’s stock valued at $1,657,310,000 after buying an additional 1,157,953 shares during the period. Finally, State of Michigan Retirement System increased its stake in shares of iShares MBS ETF by 189.5% during the first quarter. State of Michigan Retirement System now owns 1,565,800 shares of the company’s stock valued at $144,711,000 after buying an additional 1,025,000 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.8 %

Shares of MBB stock opened at $93.42 on Tuesday. iShares MBS ETF has a 1-year low of $85.28 and a 1-year high of $96.76. The stock’s 50-day moving average is $95.36 and its 200 day moving average is $93.02.

iShares MBS ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.3177 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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).