Oppenheimer & Co. Inc. Sells 2,388 Shares of iShares MBS ETF (NASDAQ:MBB)

Oppenheimer & Co. Inc. lowered its holdings in iShares MBS ETF (NASDAQ:MBB) by 14.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,034 shares of the company’s stock after selling 2,388 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares MBS ETF were worth $1,345,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of MBB. Jane Street Group LLC boosted its holdings in 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 valued at $779,016,000 after purchasing an additional 7,116,171 shares during the period. Envestnet Asset Management Inc. raised its position in shares of iShares MBS ETF by 12.7% in 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 buying an additional 2,829,414 shares in the last quarter. Dynasty Wealth Management LLC acquired a new position in shares of iShares MBS ETF in the 1st quarter valued at approximately $158,046,000. LPL Financial LLC raised its position in shares of iShares MBS ETF by 6.9% in the 2nd quarter. LPL Financial LLC now owns 18,051,515 shares of the company’s stock valued at $1,657,310,000 after buying an additional 1,157,953 shares in the last quarter. Finally, Bessemer Group Inc. raised its position in shares of iShares MBS ETF by 2,198.6% in the 1st quarter. Bessemer Group Inc. now owns 994,220 shares of the company’s stock valued at $91,886,000 after buying an additional 950,966 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $92.23 on Tuesday. The firm has a 50 day moving average of $94.33 and a 200-day moving average of $93.40. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76.

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 $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).