iShares MBS ETF (NASDAQ:MBB) Shares Purchased by Magnus Financial Group LLC

Magnus Financial Group LLC boosted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 11.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,144 shares of the company’s stock after buying an additional 743 shares during the quarter. Magnus Financial Group LLC’s holdings in iShares MBS ETF were worth $656,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in MBB. Wolverine Asset Management LLC acquired a new position in iShares MBS ETF during the second quarter worth about $80,000. Fiduciary Family Office LLC acquired a new position in shares of iShares MBS ETF during the 2nd quarter worth approximately $200,000. BCU Wealth Advisors LLC lifted its stake in iShares MBS ETF by 10.6% in the 2nd quarter. BCU Wealth Advisors LLC now owns 14,705 shares of the company’s stock valued at $1,350,000 after buying an additional 1,412 shares in the last quarter. TIAA Trust National Association lifted its stake in iShares MBS ETF by 2.3% in the 2nd quarter. TIAA Trust National Association now owns 4,768,602 shares of the company’s stock valued at $437,805,000 after buying an additional 107,420 shares in the last quarter. Finally, Willis Johnson & Associates Inc. grew its holdings in iShares MBS ETF by 8.4% during the 2nd quarter. Willis Johnson & Associates Inc. now owns 503,275 shares of the company’s stock valued at $46,206,000 after buying an additional 39,097 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $95.34 on Wednesday. The business has a fifty day moving average of $93.70 and a 200-day moving average of $92.21. iShares MBS ETF has a fifty-two week low of $85.28 and a fifty-two week high of $95.85.

iShares MBS ETF Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd will be issued a dividend of $0.3177 per share. The ex-dividend date of this dividend is Tuesday, September 3rd.

About iShares MBS ETF

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).