Integrated Wealth Concepts LLC Raises Holdings in iShares MBS ETF $MBB

Integrated Wealth Concepts LLC lifted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 8.3% during the third quarter, Holdings Channel reports. The firm owned 333,139 shares of the company’s stock after acquiring an additional 25,541 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in iShares MBS ETF were worth $31,698,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. High Falls Advisors Inc grew its position in shares of iShares MBS ETF by 0.3% during the third quarter. High Falls Advisors Inc now owns 142,899 shares of the company’s stock worth $13,597,000 after acquiring an additional 468 shares during the last quarter. Hilltop Holdings Inc. raised its position in iShares MBS ETF by 28.0% in the 3rd quarter. Hilltop Holdings Inc. now owns 168,467 shares of the company’s stock valued at $16,030,000 after purchasing an additional 36,846 shares during the last quarter. Focus Partners Wealth raised its position in iShares MBS ETF by 1.6% in the 3rd quarter. Focus Partners Wealth now owns 114,016 shares of the company’s stock valued at $10,849,000 after purchasing an additional 1,777 shares during the last quarter. Fort Point Capital Partners LLC boosted its stake in iShares MBS ETF by 3.8% during the 3rd quarter. Fort Point Capital Partners LLC now owns 63,822 shares of the company’s stock worth $6,073,000 after purchasing an additional 2,351 shares during the period. Finally, Disciplined Investors L.L.C. acquired a new stake in iShares MBS ETF during the 3rd quarter worth $200,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $94.90 on Monday. The firm’s fifty day moving average is $95.77 and its two-hundred day moving average is $95.45. iShares MBS ETF has a one year low of $90.84 and a one year high of $96.96.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a dividend of $0.3278 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).