iShares MBS ETF (NASDAQ:MBB) Shares Sold by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC decreased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 3.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 17,362 shares of the company’s stock after selling 592 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares MBS ETF were worth $1,592,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Principal Financial Group Inc. purchased a new position in iShares MBS ETF during the third quarter worth about $289,000. Kestra Investment Management LLC raised its holdings in iShares MBS ETF by 265.9% during the third quarter. Kestra Investment Management LLC now owns 249,363 shares of the company’s stock worth $23,891,000 after purchasing an additional 181,210 shares in the last quarter. Fifth Third Bancorp raised its holdings in iShares MBS ETF by 272.8% during the fourth quarter. Fifth Third Bancorp now owns 1,633 shares of the company’s stock worth $150,000 after purchasing an additional 1,195 shares in the last quarter. Cerity Partners LLC raised its holdings in iShares MBS ETF by 0.5% during the third quarter. Cerity Partners LLC now owns 39,068 shares of the company’s stock worth $3,743,000 after purchasing an additional 206 shares in the last quarter. Finally, Cobblestone Capital Advisors LLC NY raised its holdings in iShares MBS ETF by 2.0% during the third quarter. Cobblestone Capital Advisors LLC NY now owns 24,696 shares of the company’s stock worth $2,366,000 after purchasing an additional 495 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $92.87 on Friday. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76. The firm has a 50-day moving average price of $91.75 and a 200 day moving average price of $93.43.

iShares MBS ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.3414 per share. This is a boost from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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).