Bush Investment Group LLC Raises Position in iShares MBS ETF $MBB

Bush Investment Group LLC raised its stake in iShares MBS ETF (NASDAQ:MBB) by 1.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,315 shares of the company’s stock after purchasing an additional 141 shares during the quarter. iShares MBS ETF accounts for about 0.8% of Bush Investment Group LLC’s portfolio, making the stock its 25th biggest position. Bush Investment Group LLC’s holdings in iShares MBS ETF were worth $1,156,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cim LLC increased its position in shares of iShares MBS ETF by 2.2% during the first quarter. Cim LLC now owns 103,877 shares of the company’s stock valued at $9,742,000 after acquiring an additional 2,250 shares during the last quarter. Modern Wealth Management LLC increased its position in shares of iShares MBS ETF by 14.4% during the first quarter. Modern Wealth Management LLC now owns 155,925 shares of the company’s stock valued at $14,623,000 after acquiring an additional 19,602 shares during the last quarter. Apeiron RIA LLC increased its position in shares of iShares MBS ETF by 1.4% during the first quarter. Apeiron RIA LLC now owns 39,562 shares of the company’s stock valued at $3,710,000 after acquiring an additional 528 shares during the last quarter. Jacobi Capital Management LLC increased its position in shares of iShares MBS ETF by 6.8% during the first quarter. Jacobi Capital Management LLC now owns 29,296 shares of the company’s stock valued at $2,747,000 after acquiring an additional 1,863 shares during the last quarter. Finally, Schmidt P J Investment Management Inc. increased its position in shares of iShares MBS ETF by 38.5% during the first quarter. Schmidt P J Investment Management Inc. now owns 5,675 shares of the company’s stock valued at $532,000 after acquiring an additional 1,579 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.0%

Shares of MBB opened at $95.42 on Friday. The stock has a 50 day moving average of $93.68 and a 200 day moving average of $93.15. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $96.76.

iShares MBS ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, September 5th. Investors of record on Tuesday, September 2nd were given a dividend of $0.3383 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Tuesday, September 2nd.

iShares MBS ETF 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).