Tnf LLC Acquires 2,511 Shares of iShares MBS ETF (NASDAQ:MBB)

Tnf LLC raised its holdings in iShares MBS ETF (NASDAQ:MBB) by 3.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 87,052 shares of the company’s stock after purchasing an additional 2,511 shares during the period. iShares MBS ETF comprises 2.9% of Tnf LLC’s holdings, making the stock its 8th largest position. Tnf LLC’s holdings in iShares MBS ETF were worth $8,058,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of MBB. Jane Street Group LLC lifted its position in shares of iShares MBS ETF by 542.0% in the first quarter. Jane Street Group LLC now owns 8,429,084 shares of the company’s stock valued at $779,016,000 after acquiring an additional 7,116,171 shares in the last quarter. Charles Schwab Investment Advisory Inc. lifted its position in shares of iShares MBS ETF by 25.3% in the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 5,460,902 shares of the company’s stock valued at $513,762,000 after acquiring an additional 1,102,208 shares in the last quarter. TIAA Trust National Association lifted its position in shares of iShares MBS ETF by 11.8% in the first quarter. TIAA Trust National Association now owns 4,661,182 shares of the company’s stock valued at $431,253,000 after acquiring an additional 493,780 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in shares of iShares MBS ETF by 1.5% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,835,063 shares of the company’s stock valued at $260,287,000 after acquiring an additional 42,848 shares in the last quarter. Finally, Allworth Financial LP lifted its position in shares of iShares MBS ETF by 5.8% in the first quarter. Allworth Financial LP now owns 2,777,089 shares of the company’s stock valued at $256,659,000 after acquiring an additional 152,564 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

iShares MBS ETF stock traded up $0.47 during trading on Friday, reaching $95.55. 1,553,029 shares of the company were exchanged, compared to its average volume of 2,295,028. iShares MBS ETF has a 52-week low of $85.28 and a 52-week high of $95.85. The stock’s 50 day simple moving average is $93.30 and its two-hundred day simple moving average is $92.03.

iShares MBS ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st were given a $0.3086 dividend. The ex-dividend date was Thursday, August 1st. This represents a $3.70 dividend on an annualized basis and a yield of 3.88%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.31.

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).