iShares MBS ETF (NASDAQ:MBB) Shares Sold by Financial Gravity Asset Management Inc.

Financial Gravity Asset Management Inc. decreased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 54.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,713 shares of the company’s stock after selling 3,182 shares during the period. Financial Gravity Asset Management Inc.’s holdings in iShares MBS ETF were worth $249,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Manhattan West Asset Management LLC raised its position in iShares MBS ETF by 14.3% in the fourth quarter. Manhattan West Asset Management LLC now owns 47,727 shares of the company’s stock worth $4,490,000 after acquiring an additional 5,976 shares in the last quarter. Crewe Advisors LLC purchased a new position in shares of iShares MBS ETF in the 4th quarter valued at about $82,000. CAP Partners LLC acquired a new stake in shares of iShares MBS ETF in the fourth quarter valued at about $1,082,000. Hilltop Holdings Inc. boosted its holdings in iShares MBS ETF by 0.3% during the fourth quarter. Hilltop Holdings Inc. now owns 125,744 shares of the company’s stock worth $11,830,000 after buying an additional 343 shares in the last quarter. Finally, US Financial Advisors LLC grew its position in iShares MBS ETF by 7.2% during the fourth quarter. US Financial Advisors LLC now owns 22,670 shares of the company’s stock worth $2,133,000 after buying an additional 1,518 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $95.91 on Friday. The business’s 50 day simple moving average is $93.92 and its 200-day simple moving average is $92.29. iShares MBS ETF has a 12 month low of $85.28 and a 12 month high of $96.29.

iShares MBS ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.3177 dividend. The ex-dividend date was Tuesday, September 3rd.

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).