Lutz Financial Services LLC Boosts Stock Position in iShares MBS ETF $MBB

Lutz Financial Services LLC boosted its holdings in iShares MBS ETF (NASDAQ:MBB) by 10.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 597,581 shares of the company’s stock after acquiring an additional 58,624 shares during the period. iShares MBS ETF accounts for 3.9% of Lutz Financial Services LLC’s holdings, making the stock its 9th biggest position. Lutz Financial Services LLC’s holdings in iShares MBS ETF were worth $56,902,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of MBB. Howe & Rusling Inc. raised its holdings in iShares MBS ETF by 184.0% in the 3rd quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after acquiring an additional 184 shares during the period. Westfuller Advisors LLC bought a new position in iShares MBS ETF in the 3rd quarter valued at about $33,000. Aventura Private Wealth LLC bought a new position in iShares MBS ETF in the 4th quarter valued at about $35,000. Wealth Watch Advisors INC bought a new position in iShares MBS ETF in the 3rd quarter valued at about $35,000. Finally, Dunhill Financial LLC raised its holdings in iShares MBS ETF by 3,554.5% in the 4th quarter. Dunhill Financial LLC now owns 402 shares of the company’s stock valued at $38,000 after acquiring an additional 391 shares during the period. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $93.49 on Tuesday. iShares MBS ETF has a twelve month low of $91.19 and a twelve month high of $96.96. The company’s 50-day moving average price is $94.86 and its two-hundred day moving average price is $95.31.

iShares MBS ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were given a dividend of $0.3346 per share. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a yield of 4.3%.

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). 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).