Larry Mathis Financial Planning LLC Invests $605,000 in iShares MBS ETF $MBB

Larry Mathis Financial Planning LLC purchased a new stake in iShares MBS ETF (NASDAQ:MBB) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,355 shares of the company’s stock, valued at approximately $605,000.

Several other hedge funds have also made changes to their positions in MBB. RFG Advisory LLC raised its stake in iShares MBS ETF by 3.0% during the 4th quarter. RFG Advisory LLC now owns 3,989 shares of the company’s stock valued at $380,000 after purchasing an additional 116 shares during the period. Alteri Wealth LLC boosted its position in shares of iShares MBS ETF by 0.6% in the fourth quarter. Alteri Wealth LLC now owns 18,467 shares of the company’s stock worth $1,758,000 after buying an additional 118 shares during the period. Tompkins Financial Corp boosted its position in shares of iShares MBS ETF by 15.1% in the fourth quarter. Tompkins Financial Corp now owns 915 shares of the company’s stock worth $87,000 after buying an additional 120 shares during the period. Quest 10 Wealth Builders Inc. grew its holdings in shares of iShares MBS ETF by 28.2% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 568 shares of the company’s stock valued at $54,000 after buying an additional 125 shares in the last quarter. Finally, Carr Financial Group Corp grew its holdings in shares of iShares MBS ETF by 1.4% during the fourth quarter. Carr Financial Group Corp now owns 9,021 shares of the company’s stock valued at $859,000 after buying an additional 127 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $94.48 on Friday. iShares MBS ETF has a 1-year low of $92.40 and a 1-year high of $96.96. The business’s fifty day moving average price is $94.52 and its 200 day moving average price is $95.11.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.3334 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Monday, June 1st.

About iShares MBS ETF

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).