iShares MBS ETF (NASDAQ:MBB) Shares Sold by CIBC Asset Management Inc

Posted by Matthew Steigler on Nov 15th, 2024

CIBC Asset Management Inc lowered its stake in shares of iShares MBS ETF (NASDAQ:MBB – Free Report) by 0.7% during the third quarter, HoldingsChannel.com reports. The firm owned 575,674 shares of the company’s stock after selling 3,984 shares during the period. CIBC Asset Management Inc’s holdings in iShares MBS ETF were worth $55,155,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Crewe Advisors LLC lifted its position in iShares MBS ETF by 62.8% during the first quarter. Crewe Advisors LLC now owns 1,426 shares of the company’s stock valued at $132,000 after buying an additional 550 shares in the last quarter. Exchange Traded Concepts LLC purchased a new position in iShares MBS ETF in the third quarter valued at about $519,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares MBS ETF during the second quarter worth about $61,000. Ascent Group LLC boosted its position in shares of iShares MBS ETF by 27.5% in the second quarter. Ascent Group LLC now owns 76,549 shares of the company’s stock worth $7,028,000 after buying an additional 16,488 shares during the period. Finally, Zions Bancorporation N.A. acquired a new stake in shares of iShares MBS ETF in the second quarter valued at about $189,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $92.34 on Friday. iShares MBS ETF has a one year low of $89.11 and a one year high of $96.76. The stock’s 50 day moving average price is $94.55 and its 200 day moving average price is $93.32.

iShares MBS ETF Cuts Dividend

The company also recently announced 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 of this dividend was Friday, November 1st.

iShares MBS ETF Company Profile

(Free Report)

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).