Jaffetilchin Investment Partners LLC Invests $1.15 Million in iShares MBS ETF (NASDAQ:MBB)

Jaffetilchin Investment Partners LLC acquired a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,851 shares of the company’s stock, valued at approximately $1,154,000.

Several other hedge funds have also bought and sold shares of MBB. Financial Gravity Wealth Inc. bought a new stake in iShares MBS ETF in the first quarter valued at about $28,000. Icon Wealth Partners LLC acquired a new stake in iShares MBS ETF in the first quarter worth $30,000. Strategy Asset Managers LLC acquired a new stake in shares of iShares MBS ETF during the first quarter worth $37,000. ERTS Wealth Advisors LLC acquired a new stake in shares of iShares MBS ETF during the fourth quarter worth $42,000. Finally, Prime Capital Investment Advisors LLC acquired a new stake in shares of iShares MBS ETF during the first quarter worth $44,000.

Shares of NASDAQ:MBB traded down $0.05 during midday trading on Monday, reaching $107.29. 1,051,615 shares of the company were exchanged, compared to its average volume of 1,180,827. iShares MBS ETF has a fifty-two week low of $101.75 and a fifty-two week high of $107.78. The stock’s fifty day moving average price is $106.91.

The firm also recently announced a monthly dividend, which was paid on Friday, June 7th. Investors of record on Tuesday, June 4th were given a $0.2618 dividend. This represents a $3.14 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date of this dividend was Monday, June 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).

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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