iShares MBS ETF (NASDAQ:MBB) is Lifeworks Advisors LLC’s 5th Largest Position

Lifeworks Advisors LLC raised its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 13.8% during the 4th quarter, HoldingsChannel reports. The fund owned 145,793 shares of the company’s stock after purchasing an additional 17,720 shares during the period. iShares MBS ETF accounts for approximately 2.4% of Lifeworks Advisors LLC’s portfolio, making the stock its 5th biggest holding. Lifeworks Advisors LLC’s holdings in iShares MBS ETF were worth $13,366,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Larson Financial Group LLC increased its holdings in shares of iShares MBS ETF by 375.8% during the 4th quarter. Larson Financial Group LLC now owns 4,563 shares of the company’s stock valued at $418,000 after acquiring an additional 3,604 shares during the last quarter. Blankinship & Foster LLC bought a new stake in iShares MBS ETF during the fourth quarter worth approximately $8,156,000. PNC Financial Services Group Inc. grew its holdings in iShares MBS ETF by 4.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,931,127 shares of the company’s stock valued at $268,726,000 after purchasing an additional 121,689 shares during the last quarter. Novus Advisors LLC bought a new position in shares of iShares MBS ETF in the fourth quarter valued at approximately $498,000. Finally, K2 Financial Inc. acquired a new stake in shares of iShares MBS ETF in the fourth quarter worth $785,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB stock opened at $93.13 on Friday. The company has a 50-day moving average of $92.13 and a two-hundred day moving average of $93.36. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.3204 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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).