RKL Wealth Management LLC Sells 1,150 Shares of iShares MBS ETF (NASDAQ:MBB)

RKL Wealth Management LLC lessened its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 0.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 210,859 shares of the company’s stock after selling 1,150 shares during the period. iShares MBS ETF accounts for about 1.7% of RKL Wealth Management LLC’s investment portfolio, making the stock its 11th biggest holding. RKL Wealth Management LLC owned approximately 0.05% of iShares MBS ETF worth $19,332,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of MBB. Ignite Planners LLC boosted its stake in shares of iShares MBS ETF by 4.9% in the fourth quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock worth $226,000 after acquiring an additional 115 shares during the period. Savvy Advisors Inc. boosted its stake in shares of iShares MBS ETF by 4.3% in the third quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after acquiring an additional 121 shares during the period. Delos Wealth Advisors LLC boosted its stake in shares of iShares MBS ETF by 4.3% in the third quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock worth $281,000 after acquiring an additional 121 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of iShares MBS ETF by 18.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 794 shares of the company’s stock worth $73,000 after acquiring an additional 125 shares during the period. Finally, Hobbs Group Advisors LLC boosted its stake in shares of iShares MBS ETF by 115.5% in the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after acquiring an additional 149 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.1 %

NASDAQ MBB opened at $93.13 on Friday. The business has a 50-day moving average price of $92.13 and a 200-day moving average price of $93.36. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid 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).