Tsfg LLC Invests $9.51 Million in iShares MBS ETF $MBB

Tsfg LLC bought a new stake in iShares MBS ETF (NASDAQ:MBB) during the second quarter, Holdings Channel reports. The institutional investor bought 338,847 shares of the company’s stock, valued at approximately $9,505,000. iShares MBS ETF comprises 1.2% of Tsfg LLC’s holdings, making the stock its 22nd largest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of MBB. World Investment Advisors increased its stake in iShares MBS ETF by 99.0% in the fourth quarter. World Investment Advisors now owns 112,883 shares of the company’s stock valued at $10,749,000 after purchasing an additional 56,162 shares during the period. Intrua Financial LLC purchased a new stake in shares of iShares MBS ETF in the fourth quarter valued at about $1,604,000. MMA Asset Management LLC boosted its stake in shares of iShares MBS ETF by 37.0% during the fourth quarter. MMA Asset Management LLC now owns 38,531 shares of the company’s stock worth $3,669,000 after buying an additional 10,402 shares during the period. Integrity Alliance LLC. boosted its stake in shares of iShares MBS ETF by 4.9% during the fourth quarter. Integrity Alliance LLC. now owns 265,045 shares of the company’s stock worth $25,238,000 after buying an additional 12,387 shares during the period. Finally, Van Hulzen Asset Management LLC boosted its stake in shares of iShares MBS ETF by 164.5% during the fourth quarter. Van Hulzen Asset Management LLC now owns 63,033 shares of the company’s stock worth $6,002,000 after buying an additional 39,202 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB stock opened at $92.41 on Wednesday. iShares MBS ETF has a 52-week low of $92.35 and a 52-week high of $96.96. The stock’s 50-day moving average price is $93.54 and its 200 day moving average price is $94.44.

iShares MBS ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st will be issued a $0.3388 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

iShares MBS ETF Company 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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).