LifePlan Financial Group Inc Decreases Holdings in iShares MBS ETF (MBB)

LifePlan Financial Group Inc cut its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 29.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,652 shares of the company’s stock after selling 1,123 shares during the quarter. LifePlan Financial Group Inc’s holdings in iShares MBS ETF were worth $278,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Advocacy Wealth Management Services LLC purchased a new stake in iShares MBS ETF during the 4th quarter valued at $39,000. Honkamp Krueger Financial Services Inc. purchased a new stake in iShares MBS ETF during the 3rd quarter valued at $116,000. CLS Investments LLC raised its stake in iShares MBS ETF by 5,995.2% during the 3rd quarter. CLS Investments LLC now owns 1,280 shares of the company’s stock valued at $132,000 after buying an additional 1,259 shares during the last quarter. Parallel Advisors LLC raised its stake in iShares MBS ETF by 186.7% during the 3rd quarter. Parallel Advisors LLC now owns 1,534 shares of the company’s stock valued at $159,000 after buying an additional 999 shares during the last quarter. Finally, Private Capital Group LLC raised its stake in iShares MBS ETF by 1,237.2% during the 3rd quarter. Private Capital Group LLC now owns 1,618 shares of the company’s stock valued at $167,000 after buying an additional 1,497 shares during the last quarter.

Shares of MBB opened at $104.79 on Friday. iShares MBS ETF has a 1-year low of $101.75 and a 1-year high of $106.24.

The business also recently announced a monthly dividend, which was paid on Monday, December 24th. Shareholders of record on Wednesday, December 19th were paid a dividend of $0.0837 per share. The ex-dividend date of this dividend was Tuesday, December 18th. This represents a $1.00 dividend on an annualized basis and a yield of 0.96%.

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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).

Further Reading: What is cost of equity?

Want to see what other hedge funds are holding MBB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MBS ETF (NASDAQ:MBB).

Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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