Concurrent Investment Advisors LLC Cuts Position in iShares MBS ETF (NASDAQ:MBB)

Concurrent Investment Advisors LLC decreased its position in iShares MBS ETF (NASDAQ:MBB) by 3.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,362 shares of the company’s stock after selling 592 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares MBS ETF were worth $1,592,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MBB. Alpha Financial Partners LLC purchased a new stake in shares of iShares MBS ETF during the third quarter worth $2,960,000. Pettinga Financial Advisors LLC increased its position in shares of iShares MBS ETF by 5.7% during the third quarter. Pettinga Financial Advisors LLC now owns 48,089 shares of the company’s stock worth $4,607,000 after acquiring an additional 2,577 shares during the period. Lincoln Capital Corp increased its position in shares of iShares MBS ETF by 1.0% during the third quarter. Lincoln Capital Corp now owns 72,620 shares of the company’s stock worth $6,958,000 after acquiring an additional 706 shares during the period. Allworth Financial LP increased its position in shares of iShares MBS ETF by 2.4% during the third 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. Finally, St. Johns Investment Management Company LLC purchased a new stake in shares of iShares MBS ETF during the third quarter worth $30,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.5 %

iShares MBS ETF stock opened at $92.87 on Friday. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76. The stock’s fifty day simple moving average is $91.75 and its 200-day simple moving average is $93.43.

iShares MBS ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.3414 per share. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares MBS ETF’s previous dividend of $0.29.

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).