215,953 Shares in iShares MBS ETF $MBB Acquired by Jacobson & Schmitt Advisors LLC

Jacobson & Schmitt Advisors LLC purchased a new stake in shares of iShares MBS ETF (NASDAQ:MBB) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 215,953 shares of the company’s stock, valued at approximately $20,548,000. iShares MBS ETF makes up 3.5% of Jacobson & Schmitt Advisors LLC’s investment portfolio, making the stock its 7th biggest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in MBB. Parkside Investments LLC grew its holdings in shares of iShares MBS ETF by 39.4% during the third quarter. Parkside Investments LLC now owns 346,303 shares of the company’s stock valued at $32,951,000 after buying an additional 97,942 shares during the last quarter. Lutz Financial Services LLC raised its stake in iShares MBS ETF by 9.9% in the 3rd quarter. Lutz Financial Services LLC now owns 538,957 shares of the company’s stock worth $51,282,000 after acquiring an additional 48,542 shares during the last quarter. First Heartland Consultants Inc. lifted its position in iShares MBS ETF by 3.0% during the 3rd quarter. First Heartland Consultants Inc. now owns 14,194 shares of the company’s stock worth $1,351,000 after acquiring an additional 412 shares during the period. Compound Planning Inc. lifted its position in iShares MBS ETF by 12.6% during the 3rd quarter. Compound Planning Inc. now owns 125,204 shares of the company’s stock worth $11,913,000 after acquiring an additional 13,979 shares during the period. Finally, Dakota Wealth Management grew its stake in iShares MBS ETF by 20.9% during the 3rd quarter. Dakota Wealth Management now owns 363,649 shares of the company’s stock valued at $34,601,000 after purchasing an additional 62,909 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB stock opened at $96.55 on Wednesday. iShares MBS ETF has a fifty-two week low of $90.84 and a fifty-two week high of $96.65. The stock’s 50-day simple moving average is $95.63 and its 200-day simple moving average is $95.26.

iShares MBS ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a $0.3347 dividend. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.33. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.2%.

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). 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).