Cornerstone Planning Group LLC Trims Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Cornerstone Planning Group LLC lessened its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 30.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,078 shares of the company’s stock after selling 468 shares during the quarter. Cornerstone Planning Group LLC’s holdings in iShares MBS ETF were worth $100,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MBB. Headlands Technologies LLC acquired a new position in iShares MBS ETF in the 1st quarter valued at $55,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in iShares MBS ETF during the first quarter worth about $35,469,000. Koshinski Asset Management Inc. lifted its position in iShares MBS ETF by 15.3% during the first quarter. Koshinski Asset Management Inc. now owns 5,018 shares of the company’s stock worth $464,000 after buying an additional 666 shares during the period. MB Generational Wealth LLC acquired a new stake in iShares MBS ETF in the 1st quarter worth about $1,678,000. Finally, SageView Advisory Group LLC grew its holdings in iShares MBS ETF by 322.9% in the 1st quarter. SageView Advisory Group LLC now owns 14,120 shares of the company’s stock valued at $1,305,000 after buying an additional 10,781 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.7 %

Shares of MBB stock opened at $92.31 on Wednesday. The firm’s 50-day simple moving average is $94.61 and its 200-day simple moving average is $93.33. iShares MBS ETF has a 1-year low of $87.87 and a 1-year high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.3099 per share. The ex-dividend date of this dividend was Friday, November 1st.

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).