Icon Wealth Advisors LLC Has $13.05 Million Stake in iShares MBS ETF (NASDAQ:MBB)

Icon Wealth Advisors LLC boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 1.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 136,210 shares of the company’s stock after buying an additional 1,826 shares during the period. iShares MBS ETF comprises about 1.1% of Icon Wealth Advisors LLC’s portfolio, making the stock its 21st biggest holding. Icon Wealth Advisors LLC’s holdings in iShares MBS ETF were worth $13,050,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Financial Counselors Inc. increased its position in iShares MBS ETF by 4.6% during the third quarter. Financial Counselors Inc. now owns 3,988 shares of the company’s stock worth $382,000 after buying an additional 177 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in iShares MBS ETF by 696.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 804,598 shares of the company’s stock valued at $77,089,000 after acquiring an additional 703,598 shares during the period. Fiduciary Trust Co boosted its holdings in iShares MBS ETF by 51.4% during the third quarter. Fiduciary Trust Co now owns 10,701 shares of the company’s stock valued at $1,025,000 after acquiring an additional 3,635 shares during the period. Stone House Investment Management LLC boosted its holdings in iShares MBS ETF by 5.0% during the third quarter. Stone House Investment Management LLC now owns 131,634 shares of the company’s stock valued at $12,612,000 after acquiring an additional 6,313 shares during the period. Finally, True Vision MN LLC boosted its holdings in iShares MBS ETF by 7.4% during the third quarter. True Vision MN LLC now owns 52,491 shares of the company’s stock valued at $5,029,000 after acquiring an additional 3,608 shares during the period. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

MBB stock opened at $93.55 on Friday. The company has a 50-day moving average of $93.77 and a two-hundred day moving average of $93.48. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76.

iShares MBS ETF Cuts Dividend

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

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).