iShares MBS ETF (NASDAQ:MBB) Shares Bought by Concorde Asset Management LLC

Concorde Asset Management LLC grew its holdings in iShares MBS ETF (NASDAQ:MBB) by 34.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,030 shares of the company’s stock after buying an additional 4,074 shares during the quarter. iShares MBS ETF accounts for 0.9% of Concorde Asset Management LLC’s investment portfolio, making the stock its 22nd largest position. Concorde Asset Management LLC’s holdings in iShares MBS ETF were worth $1,536,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Strategic Blueprint LLC lifted its stake in shares of iShares MBS ETF by 0.6% in the 3rd quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock valued at $1,792,000 after purchasing an additional 116 shares during the last quarter. DB Fitzpatrick & Co Inc lifted its stake in shares of iShares MBS ETF by 0.6% in the 2nd quarter. DB Fitzpatrick & Co Inc now owns 19,518 shares of the company’s stock valued at $1,792,000 after purchasing an additional 119 shares during the last quarter. Cypress Wealth Services LLC lifted its stake in iShares MBS ETF by 0.3% during the 3rd quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock worth $4,463,000 after acquiring an additional 120 shares in the last quarter. Savvy Advisors Inc. lifted its stake in iShares MBS ETF by 4.3% during the 3rd quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after acquiring an additional 121 shares in the last quarter. Finally, Lodestar Private Asset Management LLC lifted its stake in iShares MBS ETF by 0.6% during the 3rd quarter. Lodestar Private Asset Management LLC now owns 20,693 shares of the company’s stock worth $1,983,000 after acquiring an additional 131 shares in the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

MBB opened at $92.41 on Friday. The stock’s 50-day moving average price is $94.08 and its 200 day moving average price is $93.39. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76.

iShares MBS ETF Cuts Dividend

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