Spectrum Planning & Advisory Services Inc. Sells 14,186 Shares of iShares MBS ETF (NASDAQ:MBB)

Spectrum Planning & Advisory Services Inc. lessened its holdings in iShares MBS ETF (NASDAQ:MBB) by 37.8% during the third quarter, HoldingsChannel.com reports. The fund owned 23,365 shares of the company’s stock after selling 14,186 shares during the period. iShares MBS ETF makes up about 2.2% of Spectrum Planning & Advisory Services Inc.’s holdings, making the stock its 13th biggest holding. Spectrum Planning & Advisory Services Inc.’s holdings in iShares MBS ETF were worth $2,239,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Summit Wealth Group LLC raised its position in iShares MBS ETF by 6.3% in the third quarter. Summit Wealth Group LLC now owns 8,188 shares of the company’s stock valued at $784,000 after purchasing an additional 483 shares during the last quarter. Vertex Planning Partners LLC increased its position in iShares MBS ETF by 8.5% in the 3rd quarter. Vertex Planning Partners LLC now owns 10,495 shares of the company’s stock valued at $1,006,000 after acquiring an additional 821 shares during the period. CAP Partners LLC raised its stake in shares of iShares MBS ETF by 1.7% during the third quarter. CAP Partners LLC now owns 10,253 shares of the company’s stock valued at $982,000 after acquiring an additional 170 shares during the last quarter. J. W. Coons Advisors LLC raised its stake in shares of iShares MBS ETF by 3.4% during the third quarter. J. W. Coons Advisors LLC now owns 14,681 shares of the company’s stock valued at $1,407,000 after acquiring an additional 477 shares during the last quarter. Finally, Theory Financial LLC lifted its holdings in shares of iShares MBS ETF by 2.5% during the third quarter. Theory Financial LLC now owns 98,360 shares of the company’s stock worth $9,132,000 after purchasing an additional 2,402 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.1 %

Shares of NASDAQ:MBB opened at $92.23 on Tuesday. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76. The business has a fifty day simple moving average of $94.33 and a 200 day simple moving average of $93.40.

iShares MBS ETF Cuts Dividend

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

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).