Austin Private Wealth LLC Acquires 8,800 Shares of iShares MBS ETF (NASDAQ:MBB)

Austin Private Wealth LLC lifted its stake in iShares MBS ETF (NASDAQ:MBB) by 5.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 158,211 shares of the company’s stock after acquiring an additional 8,800 shares during the period. iShares MBS ETF makes up about 1.5% of Austin Private Wealth LLC’s holdings, making the stock its 18th largest holding. Austin Private Wealth LLC’s holdings in iShares MBS ETF were worth $15,158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Jane Street Group LLC grew its holdings in shares of iShares MBS ETF by 542.0% during the first quarter. Jane Street Group LLC now owns 8,429,084 shares of the company’s stock worth $779,016,000 after purchasing an additional 7,116,171 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in iShares MBS ETF by 12.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock worth $2,298,639,000 after buying an additional 2,829,414 shares in the last quarter. Dynasty Wealth Management LLC bought a new position in shares of iShares MBS ETF in the 1st quarter worth $158,046,000. LPL Financial LLC grew its position in iShares MBS ETF by 6.9% in the second 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. Finally, Bessemer Group Inc. increased its stake in iShares MBS ETF by 2,198.6% in the first quarter. Bessemer Group Inc. now owns 994,220 shares of the company’s stock valued at $91,886,000 after acquiring an additional 950,966 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Down 0.3 %

NASDAQ MBB traded down $0.28 during trading hours on Tuesday, reaching $92.28. 146,089 shares of the stock traded hands, compared to its average volume of 2,312,231. The stock has a 50 day simple moving average of $94.93 and a two-hundred day simple moving average of $93.20. iShares MBS ETF has a 1 year low of $87.87 and a 1 year high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st will be paid a $0.3099 dividend. The ex-dividend date is 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).