Creative Planning Has $1.07 Million Position in iShares MBS ETF (NASDAQ:MBB)

Posted by on Jun 6th, 2023

Creative Planning reduced its stake in shares of iShares MBS ETF (NASDAQ:MBB – Get Rating) by 33.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,543 shares of the company’s stock after selling 5,703 shares during the quarter. Creative Planning’s holdings in iShares MBS ETF were worth $1,071,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the stock. Massmutual Trust Co. FSB ADV bought a new position in iShares MBS ETF during the fourth quarter valued at approximately $28,000. Fairfield Bush & CO. bought a new position in iShares MBS ETF during the first quarter valued at approximately $33,000. First Capital Advisors Group LLC. bought a new position in iShares MBS ETF during the third quarter valued at approximately $41,000. First Manhattan Co. raised its position in iShares MBS ETF by 2,100.0% during the first quarter. First Manhattan Co. now owns 550 shares of the company’s stock valued at $56,000 after acquiring an additional 525 shares in the last quarter. Finally, Endurance Wealth Management Inc. bought a new position in iShares MBS ETF during the fourth quarter valued at approximately $54,000. 77.56% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $93.30 on Tuesday. iShares MBS ETF has a 12 month low of $88.00 and a 12 month high of $100.61. The company’s 50 day moving average is $94.09 and its 200-day moving average is $94.07.

iShares MBS ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, June 7th. Stockholders of record on Friday, June 2nd will be given a $0.2693 dividend. This represents a $3.23 dividend on an annualized basis and a dividend yield of 3.46%. The ex-dividend date of this dividend is Thursday, June 1st.

About iShares MBS ETF

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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).

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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