Koshinski Asset Management Inc. Raises Stake in iShares MBS ETF (NASDAQ:MBB)

Koshinski Asset Management Inc. boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 15.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 5,018 shares of the company’s stock after purchasing an additional 666 shares during the period. Koshinski Asset Management Inc.’s holdings in iShares MBS ETF were worth $464,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Register Financial Advisors LLC lifted its stake in shares of iShares MBS ETF by 584.6% in the fourth quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock valued at $25,000 after purchasing an additional 228 shares during the period. Financial Management Professionals Inc. acquired a new stake in shares of iShares MBS ETF in the first quarter valued at about $26,000. LFA Lugano Financial Advisors SA acquired a new stake in shares of iShares MBS ETF in the fourth quarter valued at about $28,000. Kozak & Associates Inc. acquired a new stake in shares of iShares MBS ETF in the fourth quarter valued at about $31,000. Finally, Versant Capital Management Inc acquired a new stake in shares of iShares MBS ETF in the first quarter valued at about $32,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.1 %

Shares of NASDAQ MBB traded down $0.09 during midday trading on Thursday, hitting $93.16. The company had a trading volume of 845,367 shares, compared to its average volume of 2,368,616. iShares MBS ETF has a twelve month low of $85.28 and a twelve month high of $94.55. The business has a 50-day simple moving average of $91.80 and a two-hundred day simple moving average of $91.86.

iShares MBS ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were given a dividend of $0.3053 per share. This represents a $3.66 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date was Monday, July 1st.

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).