Creative Planning Sells 66,568 Shares of iShares MBS ETF (NASDAQ:MBB)

Creative Planning decreased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 25.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 193,406 shares of the company’s stock after selling 66,568 shares during the period. Creative Planning’s holdings in iShares MBS ETF were worth $17,757,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of MBB. Vantage Financial Partners LLC bought a new position in shares of iShares MBS ETF during the fourth quarter valued at about $1,840,000. Beacon Bridge Wealth Partners LLC lifted its holdings in iShares MBS ETF by 24.7% during the fourth quarter. Beacon Bridge Wealth Partners LLC now owns 110,554 shares of the company’s stock valued at $10,401,000 after purchasing an additional 21,915 shares in the last quarter. CIBC Private Wealth Group LLC increased its stake in iShares MBS ETF by 3.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 79,568 shares of the company’s stock worth $7,486,000 after buying an additional 2,670 shares in the last quarter. Oppenheimer & Co. Inc. raised its stake in iShares MBS ETF by 29.1% during the 4th quarter. Oppenheimer & Co. Inc. now owns 13,395 shares of the company’s stock valued at $1,260,000 after purchasing an additional 3,016 shares during the period. Finally, Exencial Wealth Advisors LLC purchased a new position in iShares MBS ETF in the 4th quarter worth approximately $650,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Down 0.4 %

Shares of MBB stock opened at $95.81 on Tuesday. The company’s fifty day simple moving average is $95.16 and its two-hundred day simple moving average is $92.76. 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 firm also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.3177 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

iShares MBS ETF 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).