Apollon Wealth Management LLC Buys 10,344 Shares of iShares MBS ETF $MBB

Apollon Wealth Management LLC increased its holdings in iShares MBS ETF (NASDAQ:MBB) by 31.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 43,003 shares of the company’s stock after purchasing an additional 10,344 shares during the period. Apollon Wealth Management LLC’s holdings in iShares MBS ETF were worth $4,092,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Delos Wealth Advisors LLC bought a new position in shares of iShares MBS ETF in the second quarter worth $26,000. LRI Investments LLC bought a new position in iShares MBS ETF in the second quarter valued at $30,000. Tsfg LLC raised its stake in shares of iShares MBS ETF by 106.8% during the second quarter. Tsfg LLC now owns 335 shares of the company’s stock worth $31,000 after acquiring an additional 173 shares in the last quarter. Flaharty Asset Management LLC purchased a new stake in iShares MBS ETF during the first quarter valued at about $34,000. Finally, MassMutual Private Wealth & Trust FSB grew its position 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 Trading Down 0.1%

iShares MBS ETF stock opened at $95.36 on Monday. iShares MBS ETF has a 1-year low of $90.28 and a 1-year high of $96.25. The firm has a 50-day moving average of $95.42 and a 200-day moving average of $94.51.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a dividend of $0.334 per share. The ex-dividend date was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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). 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).