Lifeworks Advisors LLC Buys 34,215 Shares of iShares MBS ETF (NASDAQ:MBB)

Lifeworks Advisors LLC boosted its position in iShares MBS ETF (NASDAQ:MBB) by 36.5% in the third quarter, HoldingsChannel.com reports. The firm owned 128,073 shares of the company’s stock after purchasing an additional 34,215 shares during the quarter. iShares MBS ETF comprises approximately 2.4% of Lifeworks Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. Lifeworks Advisors LLC’s holdings in iShares MBS ETF were worth $12,271,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Strategic Blueprint LLC lifted its holdings in shares of iShares MBS ETF by 0.6% in the third quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock valued at $1,792,000 after buying an additional 116 shares during the period. Strait & Sound Wealth Management LLC lifted its holdings in iShares MBS ETF by 3.7% in the 1st quarter. Strait & Sound Wealth Management LLC now owns 3,309 shares of the company’s stock valued at $298,000 after acquiring an additional 117 shares during the last quarter. DB Fitzpatrick & Co Inc lifted its holdings in iShares MBS ETF by 0.6% in the 2nd quarter. DB Fitzpatrick & Co Inc now owns 19,518 shares of the company’s stock valued at $1,792,000 after acquiring an additional 119 shares during the last quarter. Cypress Wealth Services LLC boosted its position in shares of iShares MBS ETF by 0.3% during the 3rd quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock valued at $4,463,000 after purchasing an additional 120 shares in the last quarter. Finally, Savvy Advisors Inc. grew its stake in shares of iShares MBS ETF by 4.3% in the 3rd quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after purchasing an additional 121 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Up 0.1 %

MBB stock traded up $0.13 on Thursday, hitting $92.52. 150,885 shares of the company’s stock traded hands, compared to its average volume of 2,325,034. iShares MBS ETF has a 1-year low of $89.11 and a 1-year high of $96.76. The stock has a fifty day moving average of $94.55 and a 200-day moving average of $93.32.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a dividend of $0.3099 per share. The ex-dividend date was Friday, November 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).