iShares MBS ETF (NASDAQ:MBB) Shares Sold by Lane & Associates LLC

Lane & Associates LLC lessened its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 29.2% in the third quarter, HoldingsChannel reports. The fund owned 6,416 shares of the company’s stock after selling 2,641 shares during the period. Lane & Associates LLC’s holdings in iShares MBS ETF were worth $615,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in MBB. 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 acquiring an additional 7,116,171 shares during the period. Envestnet Asset Management Inc. boosted its position in iShares MBS ETF by 12.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock worth $2,298,639,000 after acquiring an additional 2,829,414 shares during the period. Dynasty Wealth Management LLC acquired a new position in iShares MBS ETF during the 1st quarter worth $158,046,000. LPL Financial LLC boosted its position in iShares MBS ETF by 6.9% during the 2nd quarter. LPL Financial LLC now owns 18,051,515 shares of the company’s stock worth $1,657,310,000 after acquiring an additional 1,157,953 shares during the period. Finally, Hilton Capital Management LLC acquired a new stake in shares of iShares MBS ETF in the third quarter valued at $88,586,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock opened at $92.60 on Friday. The business has a fifty day simple moving average of $94.00 and a 200-day simple moving average of $93.42. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a $0.3099 dividend. The ex-dividend date 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).