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% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 210,859 shares of the company’s stock after selling 1,150 shares during the quarter. iShares MBS ETF makes up about 1.7% of RKL Wealth Management LLC’s portfolio, making the stock its 11th biggest position. RKL Wealth Management LLC’s holdings in iShares MBS ETF were worth $19,332,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Hobbs Group Advisors LLC boosted its position in shares of iShares MBS ETF by 115.5% in the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after purchasing an additional 149 shares in the last quarter. MeadowBrook Investment Advisors LLC boosted its position in shares of iShares MBS ETF by 413.5% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after purchasing an additional 306 shares in the last quarter. Key Financial Inc boosted its position in shares of iShares MBS ETF by 4,220.0% in the 4th quarter. Key Financial Inc now owns 432 shares of the company’s stock worth $40,000 after purchasing an additional 422 shares in the last quarter. Activest Wealth Management acquired a new stake in shares of iShares MBS ETF in the 4th quarter worth $58,000. Finally, CENTRAL TRUST Co boosted its position in shares of iShares MBS ETF by 41.4% in the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock worth $59,000 after purchasing an additional 189 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB stock opened at $93.13 on Friday. The business has a fifty day moving average of $92.13 and a 200 day moving average of $93.36. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Investors 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 Company 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).