Creative Planning Lowers Stock Position in iShares MBS ETF (NASDAQ:MBB)

Creative Planning reduced its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 10.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 173,801 shares of the company’s stock after selling 19,605 shares during the period. Creative Planning’s holdings in iShares MBS ETF were worth $16,652,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in MBB. Financial Management Professionals Inc. purchased a new position in shares of iShares MBS ETF during the 1st quarter valued at about $26,000. Chris Bulman Inc purchased a new position in shares of iShares MBS ETF during the 2nd quarter valued at about $31,000. Rothschild Investment LLC purchased a new position in shares of iShares MBS ETF during the 2nd quarter valued at about $33,000. PSI Advisors LLC lifted its position in shares of iShares MBS ETF by 2,289.5% during the 2nd quarter. PSI Advisors LLC now owns 454 shares of the company’s stock valued at $42,000 after buying an additional 435 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV lifted its holdings in iShares MBS ETF by 254.2% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock worth $44,000 after purchasing an additional 333 shares in the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $93.42 on Tuesday. The stock’s 50 day moving average is $95.36 and its 200 day moving average is $93.02. iShares MBS ETF has a 12 month low of $85.28 and a 12 month high of $96.76.

iShares MBS ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.3177 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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).