Ethic Inc. Sells 47,560 Shares of CCM Affordable Housing MBS ETF $OWNS

Ethic Inc. lowered its stake in shares of CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) by 65.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,227 shares of the company’s stock after selling 47,560 shares during the quarter. Ethic Inc. owned about 0.33% of CCM Affordable Housing MBS ETF worth $435,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Tolleson Wealth Management Inc. boosted its holdings in CCM Affordable Housing MBS ETF by 1.3% in the first quarter. Tolleson Wealth Management Inc. now owns 70,676 shares of the company’s stock worth $1,223,000 after acquiring an additional 887 shares in the last quarter.

CCM Affordable Housing MBS ETF Price Performance

Shares of NYSEARCA OWNS opened at $17.56 on Thursday. The business has a 50-day simple moving average of $17.50 and a two-hundred day simple moving average of $17.22. CCM Affordable Housing MBS ETF has a fifty-two week low of $16.57 and a fifty-two week high of $18.04.

CCM Affordable Housing MBS ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were issued a $0.1928 dividend. This is a boost from CCM Affordable Housing MBS ETF’s previous quarterly dividend of $0.17. This represents a $0.77 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Tuesday, September 30th.

CCM Affordable Housing MBS ETF Profile

The Impact Shares Affordable Housing MBS ETF (OWNS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to generate current income from an actively managed portfolio of investment grade, fixed income securities backed by mortgage loans made to low- and moderate-income borrowers and minorities.