Lutz Financial Services LLC Buys 48,542 Shares of iShares MBS ETF $MBB

Lutz Financial Services LLC boosted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 9.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 538,957 shares of the company’s stock after buying an additional 48,542 shares during the period. iShares MBS ETF comprises 3.7% of Lutz Financial Services LLC’s investment portfolio, making the stock its 9th largest holding. Lutz Financial Services LLC owned about 0.12% of iShares MBS ETF worth $51,282,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Bank of America Corp DE increased its holdings in iShares MBS ETF by 2.9% in the second quarter. Bank of America Corp DE now owns 64,329,626 shares of the company’s stock worth $6,039,909,000 after buying an additional 1,796,449 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares MBS ETF by 2.3% in the third quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock valued at $4,917,131,000 after purchasing an additional 1,182,620 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares MBS ETF by 2.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 27,494,519 shares of the company’s stock valued at $2,616,104,000 after buying an additional 727,070 shares during the period. TIAA Trust National Association increased its stake in iShares MBS ETF by 349.3% in the second quarter. TIAA Trust National Association now owns 23,964,909 shares of the company’s stock valued at $2,245,510,000 after acquiring an additional 18,631,536 shares during the period. Finally, Fisher Asset Management LLC grew its stake in shares of iShares MBS ETF by 1.2% in the 2nd quarter. Fisher Asset Management LLC now owns 21,297,627 shares of the company’s stock valued at $1,999,634,000 after purchasing an additional 254,658 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.2%

Shares of iShares MBS ETF stock opened at $96.56 on Tuesday. iShares MBS ETF has a 1-year low of $90.84 and a 1-year high of $96.65. The firm’s 50-day moving average price is $95.60 and its two-hundred day moving average price is $95.24.

iShares MBS ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.3347 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend was Monday, February 2nd.

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).