iShares MBS ETF (NASDAQ:MBB) Stock Position Increased by Lutz Financial Services LLC

Posted by Alphonse Anthony on Feb 23rd, 2025

Lutz Financial Services LLC grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB – Free Report) by 10.3% during the fourth quarter, Holdings Channel reports. The firm owned 455,033 shares of the company’s stock after purchasing an additional 42,329 shares during the quarter. iShares MBS ETF comprises about 3.4% of Lutz Financial Services LLC’s holdings, making the stock its 10th largest position. Lutz Financial Services LLC’s holdings in iShares MBS ETF were worth $41,717,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of MBB. Hobbs Group Advisors LLC increased its stake in shares of iShares MBS ETF by 115.5% during the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after buying an additional 149 shares during the period. St. Johns Investment Management Company LLC purchased a new stake in shares of iShares MBS ETF during the third quarter worth approximately $30,000. MeadowBrook Investment Advisors LLC increased its stake in shares of iShares MBS ETF by 413.5% during the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after buying an additional 306 shares during the period. Key Financial Inc increased its stake in shares of iShares MBS ETF by 4,220.0% during the fourth quarter. Key Financial Inc now owns 432 shares of the company’s stock worth $40,000 after buying an additional 422 shares during the period. Finally, Activest Wealth Management purchased a new stake in shares of iShares MBS ETF during the fourth quarter worth approximately $58,000. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

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

iShares MBS ETF Increases Dividend

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

iShares MBS ETF Company Profile

(Free Report)

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).