Kelman Lazarov Inc. Purchases 5,703 Shares of iShares MBS ETF $MBB

Kelman Lazarov Inc. grew its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 2.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 213,084 shares of the company’s stock after acquiring an additional 5,703 shares during the quarter. iShares MBS ETF comprises approximately 3.2% of Kelman Lazarov Inc.’s investment portfolio, making the stock its 12th largest holding. Kelman Lazarov Inc. owned about 0.05% of iShares MBS ETF worth $20,006,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Quotient Wealth Partners LLC boosted its position in iShares MBS ETF by 2.4% in the second quarter. Quotient Wealth Partners LLC now owns 1,492,641 shares of the company’s stock valued at $140,144,000 after buying an additional 34,285 shares during the last quarter. Lutz Financial Services LLC boosted its position in iShares MBS ETF by 1.8% in the 2nd quarter. Lutz Financial Services LLC now owns 490,415 shares of the company’s stock worth $46,045,000 after purchasing an additional 8,816 shares in the last quarter. Foster & Motley Inc. boosted its position in iShares MBS ETF by 11.2% in the 2nd quarter. Foster & Motley Inc. now owns 80,590 shares of the company’s stock worth $7,567,000 after purchasing an additional 8,109 shares in the last quarter. ShoreHaven Wealth Partners LLC boosted its position in iShares MBS ETF by 2.7% in the 2nd quarter. ShoreHaven Wealth Partners LLC now owns 22,096 shares of the company’s stock worth $2,075,000 after purchasing an additional 579 shares in the last quarter. Finally, Private Trust Co. NA boosted its position in iShares MBS ETF by 10.1% in the 2nd quarter. Private Trust Co. NA now owns 34,295 shares of the company’s stock worth $3,220,000 after purchasing an additional 3,146 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $95.88 on Friday. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $95.97. The stock’s 50 day simple moving average is $94.74 and its two-hundred day simple moving average is $93.47.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were given a $0.3363 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date was Wednesday, October 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).