CreativeOne Wealth LLC Grows Stock Position in iShares MBS ETF (NASDAQ:MBB)

CreativeOne Wealth LLC raised its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 33.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 312,194 shares of the company’s stock after purchasing an additional 77,513 shares during the period. iShares MBS ETF accounts for approximately 1.0% of CreativeOne Wealth LLC’s investment portfolio, making the stock its 20th largest holding. CreativeOne Wealth LLC’s holdings in iShares MBS ETF were worth $29,911,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Exchange Traded Concepts LLC acquired a new position in iShares MBS ETF in the 3rd quarter valued at about $519,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares MBS ETF during the second quarter valued at approximately $61,000. Ascent Group LLC boosted its position in iShares MBS ETF by 27.5% during the second quarter. Ascent Group LLC now owns 76,549 shares of the company’s stock worth $7,028,000 after acquiring an additional 16,488 shares during the last quarter. Zions Bancorporation N.A. purchased a new stake in iShares MBS ETF in the 2nd quarter worth approximately $189,000. Finally, AAFMAA Wealth Management & Trust LLC raised its holdings in iShares MBS ETF by 0.9% in the 3rd quarter. AAFMAA Wealth Management & Trust LLC now owns 66,897 shares of the company’s stock valued at $6,409,000 after acquiring an additional 592 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock opened at $93.32 on Wednesday. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76. The business’s fifty day moving average is $93.87 and its two-hundred day moving average is $93.48.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.3099 per share. 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).