The oil or urethane finishes are certainly nice finishes when applied correctly.
One thing to keep in mind is that they will "amber" or change the colors of your stock to appear yellow. That's fine if you want to warm it up a bit. If you want to preserve the colors, then I would suggest a "clear" finish like Polycrylic which is made by Minwax. I believe Deft makes a Spar finish that is also clear.
You mentioned that you want it to be matte. You can get these clear finishes in a spray matte.