AE Wealth Management LLC Trims Holdings in iShares MBS ETF (NASDAQ:MBB)

AE Wealth Management LLC cut its holdings in iShares MBS ETF (NASDAQ:MBB) by 5.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 152,828 shares of the company’s stock after selling 8,016 shares during the quarter. AE Wealth Management LLC’s holdings in iShares MBS ETF were worth $14,031,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MBB. Strait & Sound Wealth Management LLC grew its position in iShares MBS ETF by 3.7% during the 1st quarter. Strait & Sound Wealth Management LLC now owns 3,309 shares of the company’s stock valued at $298,000 after purchasing an additional 117 shares during the last quarter. Wealthcare Advisory Partners LLC grew its position in iShares MBS ETF by 1.3% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 9,606 shares of the company’s stock valued at $888,000 after purchasing an additional 119 shares during the last quarter. DB Fitzpatrick & Co Inc grew its position in iShares MBS ETF by 0.6% during 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. W Advisors LLC grew its position in iShares MBS ETF by 2.9% during the 1st quarter. W Advisors LLC now owns 4,329 shares of the company’s stock valued at $400,000 after purchasing an additional 124 shares during the last quarter. Finally, New Republic Capital LLC boosted its holdings in shares of iShares MBS ETF by 5.0% during the 1st quarter. New Republic Capital LLC now owns 2,636 shares of the company’s stock valued at $244,000 after acquiring an additional 125 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.1 %

Shares of NASDAQ MBB opened at $96.15 on Friday. The firm’s 50-day moving average price is $94.79 and its 200-day moving average price is $92.61. iShares MBS ETF has a 52-week low of $85.28 and a 52-week high of $96.76.

iShares MBS ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.3177 per share. 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).