Kingsview Wealth Management LLC Decreases Stock Position in iShares MBS ETF (NASDAQ:MBB)

Kingsview Wealth Management LLC lowered its stake in iShares MBS ETF (NASDAQ:MBB) by 24.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 151,110 shares of the company’s stock after selling 47,970 shares during the quarter. Kingsview Wealth Management LLC’s holdings in iShares MBS ETF were worth $14,478,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of MBB. Strategic Blueprint LLC raised its position in shares of iShares MBS ETF by 0.6% during the 3rd quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock valued at $1,792,000 after buying an additional 116 shares in the last quarter. DB Fitzpatrick & Co Inc raised its position in shares of iShares MBS ETF by 0.6% during the 2nd quarter. DB Fitzpatrick & Co Inc now owns 19,518 shares of the company’s stock valued at $1,792,000 after buying an additional 119 shares in the last quarter. Cypress Wealth Services LLC raised its position in shares of iShares MBS ETF by 0.3% during the 3rd quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock valued at $4,463,000 after buying an additional 120 shares in the last quarter. Savvy Advisors Inc. raised its position in shares of iShares MBS ETF by 4.3% during the 3rd quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock valued at $280,000 after buying an additional 121 shares in the last quarter. Finally, Lodestar Private Asset Management LLC raised its position in shares of iShares MBS ETF by 0.6% during the 3rd quarter. Lodestar Private Asset Management LLC now owns 20,693 shares of the company’s stock valued at $1,983,000 after buying an additional 131 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $92.60 on Friday. The firm’s 50-day moving average price is $94.00 and its 200-day moving average price is $93.41. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.3099 dividend. The ex-dividend date 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).