Apollon Wealth Management LLC Grows Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Apollon Wealth Management LLC lifted its position in iShares MBS ETF (NASDAQ:MBB) by 9.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 27,651 shares of the company’s stock after buying an additional 2,292 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares MBS ETF were worth $2,649,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of MBB. Headlands Technologies LLC acquired a new stake in iShares MBS ETF during the 1st quarter worth approximately $55,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in iShares MBS ETF in the first quarter valued at $35,469,000. Koshinski Asset Management Inc. grew its stake in iShares MBS ETF by 15.3% during the 1st quarter. Koshinski Asset Management Inc. now owns 5,018 shares of the company’s stock worth $464,000 after purchasing an additional 666 shares in the last quarter. SageView Advisory Group LLC increased its holdings in iShares MBS ETF by 322.9% during the 1st quarter. SageView Advisory Group LLC now owns 14,120 shares of the company’s stock worth $1,305,000 after purchasing an additional 10,781 shares during the period. Finally, Orion Portfolio Solutions LLC increased its holdings in iShares MBS ETF by 5.4% during the 1st quarter. Orion Portfolio Solutions LLC now owns 105,938 shares of the company’s stock worth $9,791,000 after purchasing an additional 5,428 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.1 %

Shares of MBB opened at $92.39 on Thursday. iShares MBS ETF has a 1 year low of $89.11 and a 1 year high of $96.76. The stock has a 50-day simple moving average of $94.61 and a 200-day simple moving average of $93.33.

iShares MBS ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.3099 dividend. The ex-dividend date was Friday, November 1st.

iShares MBS ETF 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).