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

Tsfg LLC acquired a new stake in iShares MBS ETF (NASDAQ:MBB) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 338,847 shares of the company’s stock, valued at approximately $9,505,000. iShares MBS ETF comprises 1.2% of Tsfg LLC’s portfolio, making the stock its 22nd biggest position. Tsfg LLC owned about 0.08% of iShares MBS ETF at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. ESL Trust Services LLC purchased a new position in iShares MBS ETF in the fourth quarter valued at approximately $28,000. Brown Lisle Cummings Inc. purchased a new stake in shares of iShares MBS ETF during the 1st quarter worth approximately $28,000. Field & Main Bank acquired a new position in shares of iShares MBS ETF in the 2nd quarter valued at $30,000. First Community Trust NA acquired a new position in shares of iShares MBS ETF in the 1st quarter valued at $32,000. Finally, Nemes Rush Group LLC grew its position in shares of iShares MBS ETF by 132.9% in the 4th quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after buying an additional 206 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.7%

Shares of NASDAQ:MBB opened at $92.41 on Wednesday. The company’s fifty day moving average price is $93.54 and its 200 day moving average price is $94.44. iShares MBS ETF has a 12 month low of $92.35 and a 12 month high of $96.96.

iShares MBS ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $0.3388 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a c) annualized dividend 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).