Concurrent Investment Advisors LLC Acquires 473 Shares of iShares MBS ETF (NASDAQ:MBB)

Concurrent Investment Advisors LLC increased its stake in iShares MBS ETF (NASDAQ:MBB) by 2.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,954 shares of the company’s stock after purchasing an additional 473 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares MBS ETF were worth $1,720,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Strategic Blueprint LLC boosted its position in shares of iShares MBS ETF by 0.6% in the third quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock worth $1,792,000 after purchasing an additional 116 shares during the period. Strait & Sound Wealth Management LLC boosted its holdings in iShares MBS ETF by 3.7% in the 1st quarter. Strait & Sound Wealth Management LLC now owns 3,309 shares of the company’s stock worth $298,000 after buying an additional 117 shares during the period. DB Fitzpatrick & Co Inc increased its stake in iShares MBS ETF by 0.6% in the 2nd quarter. DB Fitzpatrick & Co Inc now owns 19,518 shares of the company’s stock worth $1,792,000 after buying an additional 119 shares in the last quarter. Cypress Wealth Services LLC increased its stake in iShares MBS ETF by 0.3% in the 3rd 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 raised 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 valued at $244,000 after acquiring an additional 125 shares during the period. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock opened at $93.08 on Friday. iShares MBS ETF has a 52 week low of $87.87 and a 52 week high of $96.76. The stock’s 50-day simple moving average is $94.81 and its 200-day simple moving average is $93.22.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid 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).