Concurrent Investment Advisors LLC Buys 473 Shares of iShares MBS ETF (NASDAQ:MBB)

Concurrent Investment Advisors LLC boosted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 2.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,954 shares of the company’s stock after buying an additional 473 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares MBS ETF were worth $1,720,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Jane Street Group LLC increased its holdings in shares of iShares MBS ETF by 542.0% during the first quarter. Jane Street Group LLC now owns 8,429,084 shares of the company’s stock valued at $779,016,000 after acquiring an additional 7,116,171 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in iShares MBS ETF by 12.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock valued at $2,298,639,000 after purchasing an additional 2,829,414 shares in the last quarter. Dynasty Wealth Management LLC bought a new stake in iShares MBS ETF during the 1st quarter valued at about $158,046,000. LPL Financial LLC raised its holdings in iShares MBS ETF by 6.9% in 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 during the last quarter. Finally, Bessemer Group Inc. lifted its stake in shares of iShares MBS ETF by 2,198.6% in the first quarter. Bessemer Group Inc. now owns 994,220 shares of the company’s stock worth $91,886,000 after buying an additional 950,966 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 1.0 %

NASDAQ:MBB opened at $93.08 on Friday. iShares MBS ETF has a 52 week low of $87.87 and a 52 week high of $96.76. The company’s 50 day moving average price is $94.81 and its 200-day moving average price is $93.22.

iShares MBS ETF Cuts Dividend

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

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).