iShares MBS ETF (NASDAQ:MBB) Stock Holdings Increased by Apollon Wealth Management LLC

Apollon Wealth Management LLC raised its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 14.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 31,738 shares of the company’s stock after buying an additional 4,087 shares during the period. Apollon Wealth Management LLC’s holdings in iShares MBS ETF were worth $2,910,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in MBB. Exchange Traded Concepts LLC acquired a new position in shares of iShares MBS ETF in the third quarter worth about $519,000. Principal Financial Group Inc. purchased a new stake in shares of iShares MBS ETF in the 3rd quarter valued at approximately $289,000. AAFMAA Wealth Management & Trust LLC lifted its position in shares of iShares MBS ETF by 0.9% in the 3rd quarter. AAFMAA Wealth Management & Trust LLC now owns 66,897 shares of the company’s stock valued at $6,409,000 after acquiring an additional 592 shares in the last quarter. Kestra Investment Management LLC boosted its stake in iShares MBS ETF by 265.9% in the 3rd quarter. Kestra Investment Management LLC now owns 249,363 shares of the company’s stock worth $23,891,000 after purchasing an additional 181,210 shares during the period. Finally, Stratos Wealth Advisors LLC grew its position in iShares MBS ETF by 40.0% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 125,722 shares of the company’s stock worth $12,045,000 after purchasing an additional 35,908 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB opened at $92.18 on Monday. The stock has a fifty day moving average of $92.00 and a 200-day moving average of $93.53. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76.

iShares MBS ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.3414 dividend. This is an increase from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 3rd.

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).