iShares MBS ETF (NASDAQ:MBB) Shares Sold by LGT Financial Advisors LLC

LGT Financial Advisors LLC reduced its position in iShares MBS ETF (NASDAQ:MBB) by 50.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 454 shares of the company’s stock after selling 459 shares during the period. LGT Financial Advisors LLC’s holdings in iShares MBS ETF were worth $44,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of MBB. Envestnet Asset Management Inc. raised its position in iShares MBS ETF by 12.7% in 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 purchasing an additional 2,829,414 shares during the period. LPL Financial LLC lifted 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 in the last quarter. Jane Street Group LLC boosted its holdings in iShares MBS ETF by 542.0% in 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. TIAA Trust National Association grew its position in iShares MBS ETF by 2.3% in the second quarter. TIAA Trust National Association now owns 4,768,602 shares of the company’s stock valued at $437,805,000 after acquiring an additional 107,420 shares in the last quarter. Finally, Allworth Financial LP raised its stake in shares of iShares MBS ETF by 2.4% during the third quarter. Allworth Financial LP now owns 3,069,901 shares of the company’s stock valued at $294,127,000 after purchasing an additional 71,046 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $92.13 on Thursday. The company’s fifty day simple moving average is $94.81 and its 200-day simple moving average is $93.22. iShares MBS ETF has a 52 week low of $87.87 and a 52 week high of $96.76.

iShares MBS ETF Cuts Dividend

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

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).