Empower Advisory Group LLC Lowers Stake in iShares MBS ETF (NASDAQ:MBB)

Empower Advisory Group LLC reduced its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 4.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 2,899 shares of the company’s stock after selling 127 shares during the period. Empower Advisory Group LLC’s holdings in iShares MBS ETF were worth $278,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Envestnet Asset Management Inc. grew 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 purchasing an additional 2,829,414 shares during the last quarter. LPL Financial LLC lifted its stake in shares of iShares MBS ETF by 6.9% in 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. Jane Street Group LLC lifted its stake in shares of 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 lifted its stake in shares of iShares MBS ETF by 2.3% in the 2nd quarter. TIAA Trust National Association now owns 4,768,602 shares of the company’s stock worth $437,805,000 after acquiring an additional 107,420 shares during the period. Finally, Allworth Financial LP lifted its stake in shares of iShares MBS ETF by 2.4% in the 3rd quarter. Allworth Financial LP now owns 3,069,901 shares of the company’s stock worth $294,127,000 after acquiring an additional 71,046 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

MBB stock opened at $92.18 on Friday. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76. The company has a fifty day moving average of $94.48 and a 200-day moving average of $93.31.

iShares MBS ETF Cuts Dividend

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

About iShares MBS ETF

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).