Integrated Wealth Concepts LLC Lowers Position in iShares MBS ETF (NASDAQ:MBB)

Integrated Wealth Concepts LLC trimmed its stake in iShares MBS ETF (NASDAQ:MBB) by 14.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 203,951 shares of the company’s stock after selling 33,880 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in iShares MBS ETF were worth $19,541,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of MBB. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares MBS ETF during the second quarter worth approximately $61,000. Kingswood Wealth Advisors LLC grew its stake in iShares MBS ETF by 16.3% during the second quarter. Kingswood Wealth Advisors LLC now owns 3,972 shares of the company’s stock worth $365,000 after buying an additional 558 shares during the period. RDA Financial Network grew its stake in iShares MBS ETF by 76.3% during the second quarter. RDA Financial Network now owns 12,064 shares of the company’s stock worth $1,108,000 after buying an additional 5,220 shares during the period. Simplicity Wealth LLC grew its stake in iShares MBS ETF by 9.8% during the second quarter. Simplicity Wealth LLC now owns 46,855 shares of the company’s stock worth $4,302,000 after buying an additional 4,184 shares during the period. Finally, Advocacy Wealth Management Services LLC grew its stake in iShares MBS ETF by 9.3% during the second quarter. Advocacy Wealth Management Services LLC now owns 212,482 shares of the company’s stock worth $19,508,000 after buying an additional 17,998 shares during the period. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Down 0.1 %

MBB opened at $93.50 on Tuesday. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76. The company has a 50 day moving average of $93.67 and a two-hundred day moving average of $93.54.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd will be paid a $0.3074 dividend. The ex-dividend date of this dividend is Monday, December 2nd.

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).