RCS Financial Planning LLC Buys 361 Shares of iShares MBS ETF $MBB

RCS Financial Planning LLC lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 3.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,640 shares of the company’s stock after purchasing an additional 361 shares during the quarter. RCS Financial Planning LLC’s holdings in iShares MBS ETF were worth $999,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. IMG Wealth Management Inc. bought a new stake in iShares MBS ETF during the 1st quarter worth approximately $30,000. LRI Investments LLC bought a new stake in iShares MBS ETF during the 2nd quarter worth approximately $30,000. Headlands Technologies LLC bought a new stake in iShares MBS ETF during the 1st quarter worth approximately $31,000. Flaharty Asset Management LLC bought a new stake in iShares MBS ETF during the 1st quarter worth approximately $34,000. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in iShares MBS ETF by 317.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock worth $36,000 after acquiring an additional 295 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

MBB opened at $95.53 on Thursday. iShares MBS ETF has a fifty-two week low of $90.28 and a fifty-two week high of $95.97. The company’s 50 day moving average price is $94.65 and its two-hundred day moving average price is $93.44.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid 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 was Wednesday, October 1st.

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).