Concord Wealth Partners Sells 728 Shares of iShares MBS ETF (NASDAQ:MBB)

Concord Wealth Partners reduced its stake in iShares MBS ETF (NASDAQ:MBB) by 72.7% during the 3rd quarter, Holdings Channel reports. The firm owned 273 shares of the company’s stock after selling 728 shares during the period. Concord Wealth Partners’ holdings in iShares MBS ETF were worth $26,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Strait & Sound Wealth Management LLC lifted its holdings in 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 acquiring an additional 117 shares in the last quarter. DB Fitzpatrick & Co Inc lifted its holdings in iShares MBS ETF by 0.6% during the second quarter. DB Fitzpatrick & Co Inc now owns 19,518 shares of the company’s stock worth $1,792,000 after acquiring an additional 119 shares in the last quarter. Cypress Wealth Services LLC lifted its holdings in 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 acquiring an additional 120 shares in the last quarter. New Republic Capital LLC lifted its holdings in iShares MBS ETF by 5.0% during the first quarter. New Republic Capital LLC now owns 2,636 shares of the company’s stock worth $244,000 after acquiring an additional 125 shares in the last quarter. Finally, Westwood Holdings Group Inc. lifted its holdings in iShares MBS ETF by 1.5% during the second quarter. Westwood Holdings Group Inc. now owns 9,129 shares of the company’s stock worth $838,000 after acquiring an additional 134 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Up 0.3 %

MBB stock opened at $93.09 on Wednesday. The business’s 50-day moving average price is $95.15 and its two-hundred day moving average price is $93.12. iShares MBS ETF has a 1-year low of $86.17 and a 1-year high of $96.76.

iShares MBS ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued 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).