RKL Wealth Management LLC Sells 5,235 Shares of iShares MBS ETF $MBB

RKL Wealth Management LLC decreased its holdings in iShares MBS ETF (NASDAQ:MBB) by 2.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 203,761 shares of the company’s stock after selling 5,235 shares during the period. iShares MBS ETF comprises approximately 1.7% of RKL Wealth Management LLC’s investment portfolio, making the stock its 15th biggest holding. RKL Wealth Management LLC’s holdings in iShares MBS ETF were worth $19,131,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Curat Global LLC acquired a new position in shares of iShares MBS ETF in the first quarter valued at approximately $30,000. IMG Wealth Management Inc. acquired a new position in shares of iShares MBS ETF in the first quarter valued at approximately $30,000. Headlands Technologies LLC acquired a new position in shares of iShares MBS ETF in the first quarter valued at approximately $31,000. Flaharty Asset Management LLC acquired a new position in shares of iShares MBS ETF in the first quarter valued at approximately $34,000. Finally, MassMutual Private Wealth & Trust FSB grew its position in shares of iShares MBS ETF by 317.2% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock valued at $36,000 after purchasing an additional 295 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.0%

iShares MBS ETF stock opened at $95.12 on Thursday. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $95.97. The stock’s 50 day moving average is $94.28 and its 200-day moving average is $93.31.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be issued a $0.3363 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Wednesday, October 1st.

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).