iShares MBS ETF (NASDAQ:MBB) Stake Raised by Lutz Financial Services LLC

Lutz Financial Services LLC lifted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 5.8% during the 1st quarter, HoldingsChannel reports. The fund owned 481,599 shares of the company’s stock after purchasing an additional 26,566 shares during the period. iShares MBS ETF accounts for 3.7% of Lutz Financial Services LLC’s portfolio, making the stock its 9th biggest position. Lutz Financial Services LLC’s holdings in iShares MBS ETF were worth $45,164,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the company. Tompkins Financial Corp lifted its stake in iShares MBS ETF by 51.7% in the 1st quarter. Tompkins Financial Corp now owns 320 shares of the company’s stock valued at $30,000 after buying an additional 109 shares in the last quarter. Curat Global LLC purchased a new position in iShares MBS ETF in the 1st quarter valued at about $30,000. IMG Wealth Management Inc. purchased a new position in iShares MBS ETF in the 1st quarter valued at about $30,000. MorganRosel Wealth Management LLC purchased a new position in iShares MBS ETF in the 1st quarter valued at about $38,000. Finally, Quest 10 Wealth Builders Inc. lifted its stake in iShares MBS ETF by 68.7% in the 1st quarter. Quest 10 Wealth Builders Inc. now owns 442 shares of the company’s stock valued at $41,000 after buying an additional 180 shares in the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.2%

Shares of iShares MBS ETF stock opened at $92.92 on Tuesday. iShares MBS ETF has a twelve month low of $90.28 and a twelve month high of $96.76. The firm’s 50-day moving average price is $92.71 and its 200 day moving average price is $92.68.

iShares MBS ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, July 7th. Investors of record on Tuesday, July 1st were paid a $0.3322 dividend. The ex-dividend date was Tuesday, July 1st. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33. This represents a $3.99 dividend on an annualized basis and a yield of 4.29%.

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).