Prime Capital Investment Advisors LLC Has $7.83 Million Stake in iShares MBS ETF (NASDAQ:MBB)

Prime Capital Investment Advisors LLC reduced its position in iShares MBS ETF (NASDAQ:MBB) by 38.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 85,279 shares of the company’s stock after selling 52,352 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares MBS ETF were worth $7,829,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Jane Street Group LLC raised its holdings in shares of iShares MBS ETF by 542.0% in the 1st quarter. Jane Street Group LLC now owns 8,429,084 shares of the company’s stock worth $779,016,000 after buying an additional 7,116,171 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in iShares MBS ETF by 12.7% during the second quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock worth $2,298,639,000 after acquiring an additional 2,829,414 shares in the last quarter. Dynasty Wealth Management LLC acquired a new stake in shares of iShares MBS ETF during the 1st quarter worth about $158,046,000. Midland Wealth Advisors LLC bought a new stake in iShares MBS ETF during the fourth quarter worth about $151,461,000. Finally, LPL Financial LLC increased its holdings in shares of iShares MBS ETF by 6.9% during the second quarter. LPL Financial LLC now owns 18,051,515 shares of the company’s stock worth $1,657,310,000 after buying an additional 1,157,953 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $96.50 on Monday. The business’s fifty day moving average is $94.41 and its two-hundred day moving average is $92.46. iShares MBS ETF has a 52 week low of $85.28 and a 52 week high of $96.71.

iShares MBS ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.3177 per share. The ex-dividend date was Tuesday, September 3rd.

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).