Lutz Financial Services LLC Purchases 42,329 Shares of iShares MBS ETF (NASDAQ:MBB)

Lutz Financial Services LLC increased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 10.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 455,033 shares of the company’s stock after acquiring an additional 42,329 shares during the quarter. iShares MBS ETF makes up about 3.4% of Lutz Financial Services LLC’s portfolio, making the stock its 10th biggest holding. Lutz Financial Services LLC owned approximately 0.11% of iShares MBS ETF worth $41,717,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of MBB. Kooman & Associates purchased a new stake in iShares MBS ETF in the 4th quarter valued at about $440,000. Matauro LLC purchased a new stake in iShares MBS ETF in the 4th quarter valued at about $391,000. Auour Investments LLC purchased a new stake in iShares MBS ETF in the 4th quarter valued at about $216,000. Wealth Alliance raised its holdings in iShares MBS ETF by 13.0% in the 4th quarter. Wealth Alliance now owns 64,566 shares of the company’s stock valued at $5,919,000 after buying an additional 7,450 shares during the period. Finally, Private Advisor Group LLC raised its holdings in iShares MBS ETF by 25.6% in the 4th quarter. Private Advisor Group LLC now owns 215,703 shares of the company’s stock valued at $19,776,000 after buying an additional 43,941 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB opened at $92.87 on Friday. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76. The company’s 50-day moving average price is $91.75 and its 200 day moving average price is $93.42.

iShares MBS ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.3414 dividend. This is a positive change from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 3rd.

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).