Raymond James Trust N.A. Has $746,000 Position in iShares MBS ETF (NASDAQ:MBB)

Raymond James Trust N.A. cut its holdings in iShares MBS ETF (NASDAQ:MBB) by 4.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,788 shares of the company’s stock after selling 332 shares during the quarter. Raymond James Trust N.A.’s holdings in iShares MBS ETF were worth $746,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in MBB. Concorde Asset Management LLC increased its holdings in shares of iShares MBS ETF by 34.1% in the third quarter. Concorde Asset Management LLC now owns 16,030 shares of the company’s stock valued at $1,536,000 after purchasing an additional 4,074 shares in the last quarter. LPL Financial LLC increased its stake in shares of iShares MBS ETF by 6.3% in the 3rd quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock valued at $1,838,565,000 after buying an additional 1,138,182 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its position in shares of iShares MBS ETF by 10.2% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 503,172 shares of the company’s stock worth $48,209,000 after acquiring an additional 46,459 shares during the last quarter. First Horizon Advisors Inc. lifted its stake in shares of iShares MBS ETF by 16.3% during the third quarter. First Horizon Advisors Inc. now owns 37,557 shares of the company’s stock valued at $3,598,000 after acquiring an additional 5,264 shares during the period. Finally, Hilton Capital Management LLC bought a new position in iShares MBS ETF in the third quarter valued at about $88,586,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Up 0.9 %

Shares of MBB stock opened at $93.45 on Tuesday. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76. The stock has a 50-day moving average price of $93.94 and a 200 day moving average price of $93.46.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.3099 dividend. The ex-dividend date of this dividend was Friday, November 1st.

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).