RCS Financial Planning LLC Has $999,000 Position in iShares MBS ETF $MBB

RCS Financial Planning LLC lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 3.5% during the second quarter, Holdings Channel reports. The fund owned 10,640 shares of the company’s stock after buying 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 SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. LPL Financial LLC lifted its position in shares of iShares MBS ETF by 11.0% during the 1st quarter. LPL Financial LLC now owns 24,262,602 shares of the company’s stock valued at $2,275,347,000 after acquiring an additional 2,404,586 shares during the period. PNC Financial Services Group Inc. raised its holdings in iShares MBS ETF by 0.3% during the first quarter. PNC Financial Services Group Inc. now owns 2,939,526 shares of the company’s stock worth $275,669,000 after buying an additional 8,399 shares during the last quarter. Renaissancere Holdings Ltd. acquired a new position in iShares MBS ETF during the first quarter worth $267,782,000. Cetera Investment Advisers raised its holdings in iShares MBS ETF by 17.5% during the first quarter. Cetera Investment Advisers now owns 1,863,533 shares of the company’s stock worth $174,762,000 after buying an additional 277,926 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in iShares MBS ETF by 13.0% during the first quarter. Raymond James Financial Inc. now owns 1,421,953 shares of the company’s stock worth $133,351,000 after buying an additional 163,543 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.0%

Shares of MBB stock opened at $95.53 on Thursday. The firm has a 50-day moving average of $94.65 and a 200-day moving average of $93.44. iShares MBS ETF has a one year low of $90.28 and a one year high of $95.97.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were given a $0.3363 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 4.2%.

About iShares MBS ETF

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).