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

Lutz Financial Services LLC increased its stake in iShares MBS ETF (NASDAQ:MBB) by 10.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 597,581 shares of the company’s stock after buying an additional 58,624 shares during the quarter. iShares MBS ETF makes up 3.9% of Lutz Financial Services LLC’s holdings, making the stock its 9th biggest position. Lutz Financial Services LLC owned about 0.15% of iShares MBS ETF worth $56,902,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Dynasty Wealth Management LLC raised its holdings in shares of iShares MBS ETF by 10.8% in the 3rd quarter. Dynasty Wealth Management LLC now owns 1,649,146 shares of the company’s stock valued at $156,916,000 after purchasing an additional 160,926 shares during the period. Dakota Wealth Management raised its holdings in shares of iShares MBS ETF by 20.9% in 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 period. Avidian Wealth Enterprises LLC raised its holdings in shares of iShares MBS ETF by 3.4% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 709,399 shares of the company’s stock valued at $67,499,000 after purchasing an additional 23,459 shares during the period. Brookstone Capital Management raised its holdings in shares of iShares MBS ETF by 3.2% in the 4th quarter. Brookstone Capital Management now owns 308,428 shares of the company’s stock valued at $29,368,000 after purchasing an additional 9,547 shares during the period. Finally, Argent Trust Co raised its holdings in shares of iShares MBS ETF by 233.6% in the 3rd quarter. Argent Trust Co now owns 9,790 shares of the company’s stock valued at $932,000 after purchasing an additional 6,855 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.1%

Shares of MBB stock opened at $93.49 on Tuesday. The firm’s 50-day moving average is $94.86 and its 200-day moving average is $95.31. iShares MBS ETF has a 52-week low of $91.19 and a 52-week high of $96.96.

iShares MBS ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a $0.3346 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Friday, May 1st.

iShares MBS ETF Company 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).