Axxcess Wealth Management LLC Sells 4,134 Shares of iShares MBS ETF (NASDAQ:MBB)

Axxcess Wealth Management LLC lowered its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 41.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,782 shares of the company’s stock after selling 4,134 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares MBS ETF were worth $531,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Manhattan West Asset Management LLC increased its holdings in shares of iShares MBS ETF by 14.3% during the fourth quarter. Manhattan West Asset Management LLC now owns 47,727 shares of the company’s stock valued at $4,490,000 after acquiring an additional 5,976 shares in the last quarter. CAP Partners LLC acquired a new position in iShares MBS ETF in the 4th quarter worth approximately $1,082,000. Hilltop Holdings Inc. increased its holdings in iShares MBS ETF by 0.3% in the 4th quarter. Hilltop Holdings Inc. now owns 125,744 shares of the company’s stock worth $11,830,000 after buying an additional 343 shares during the period. Crewe Advisors LLC increased its holdings in iShares MBS ETF by 62.8% in the 1st quarter. Crewe Advisors LLC now owns 1,426 shares of the company’s stock worth $132,000 after buying an additional 550 shares during the period. Finally, Cim LLC acquired a new position in iShares MBS ETF in the 4th quarter worth approximately $8,446,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.1 %

Shares of NASDAQ:MBB opened at $96.15 on Friday. iShares MBS ETF has a twelve month low of $85.28 and a twelve month high of $96.76. The company’s 50 day moving average is $94.79 and its 200 day moving average is $92.61.

iShares MBS ETF Dividend Announcement

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 was Tuesday, September 3rd.

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).