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

Lutz Financial Services LLC lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 5.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 631,850 shares of the company’s stock after acquiring an additional 34,269 shares during the period. iShares MBS ETF accounts for approximately 4.0% of Lutz Financial Services LLC’s portfolio, making the stock its 9th biggest holding. Lutz Financial Services LLC’s holdings in iShares MBS ETF were worth $59,994,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Ferguson Wellman Capital Management Inc. bought a new position in iShares MBS ETF during the 1st quarter valued at $138,835,000. Bank of Montreal Can lifted its position in shares of iShares MBS ETF by 102.6% in the fourth quarter. Bank of Montreal Can now owns 2,883,524 shares of the company’s stock worth $274,569,000 after purchasing an additional 1,460,545 shares in the last quarter. LPL Financial LLC boosted its stake in shares of iShares MBS ETF by 4.1% during the 4th quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock valued at $2,656,940,000 after buying an additional 1,104,895 shares during the period. Renaissancere Holdings Ltd. boosted its position in iShares MBS ETF by 34.9% during the third quarter. Renaissancere Holdings Ltd. now owns 3,852,431 shares of the company’s stock valued at $366,559,000 after purchasing an additional 997,000 shares during the last quarter. Finally, Beacon Pointe Advisors LLC lifted its holdings in shares of iShares MBS ETF by 1,599.6% during the 4th quarter. Beacon Pointe Advisors LLC now owns 851,186 shares of the company’s stock valued at $81,050,000 after buying an additional 801,103 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB opened at $93.26 on Tuesday. iShares MBS ETF has a 12 month low of $92.40 and a 12 month high of $96.96. The company’s fifty day moving average is $94.23 and its 200-day moving average is $95.00.

iShares MBS ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.3373 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

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).