RKL Wealth Management LLC Has $18.07 Million Stock Holdings in iShares MBS ETF $MBB

RKL Wealth Management LLC decreased its stake in iShares MBS ETF (NASDAQ:MBB) by 7.3% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 190,282 shares of the company’s stock after selling 14,992 shares during the quarter. iShares MBS ETF accounts for about 1.6% of RKL Wealth Management LLC’s investment portfolio, making the stock its 17th largest holding. RKL Wealth Management LLC’s holdings in iShares MBS ETF were worth $18,067,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. ESL Trust Services LLC acquired a new stake in iShares MBS ETF during the 4th quarter worth about $28,000. Brown Lisle Cummings Inc. purchased a new stake in iShares MBS ETF during the first quarter valued at about $28,000. First Community Trust NA acquired a new position in shares of iShares MBS ETF in the first quarter worth about $32,000. Nemes Rush Group LLC boosted its holdings in shares of iShares MBS ETF by 132.9% in the fourth quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock worth $34,000 after buying an additional 206 shares during the period. Finally, Aventura Private Wealth LLC purchased a new position in shares of iShares MBS ETF in the fourth quarter worth approximately $35,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $94.02 on Thursday. iShares MBS ETF has a fifty-two week low of $92.40 and a fifty-two week high of $96.96. The firm’s 50 day simple moving average is $94.41 and its 200-day simple moving average is $95.08.

iShares MBS ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.3373 per share. The ex-dividend date is Wednesday, July 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). 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).