KDK Private Wealth Management LLC Buys Shares of 2,303 iShares MBS ETF (NASDAQ:MBB)

KDK Private Wealth Management LLC acquired a new position in iShares MBS ETF (NASDAQ:MBB) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 2,303 shares of the company’s stock, valued at approximately $211,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Hobbs Wealth Management LLC bought a new stake in iShares MBS ETF during the fourth quarter worth about $732,000. Tandem Wealth Advisors LLC increased its position in shares of iShares MBS ETF by 10.5% in the fourth quarter. Tandem Wealth Advisors LLC now owns 152,867 shares of the company’s stock valued at $14,015,000 after acquiring an additional 14,527 shares during the period. Kelman Lazarov Inc. raised its position in iShares MBS ETF by 12.5% during the 4th quarter. Kelman Lazarov Inc. now owns 159,356 shares of the company’s stock valued at $14,610,000 after purchasing an additional 17,702 shares during the last quarter. F M Investments LLC bought a new position in shares of iShares MBS ETF during the fourth quarter valued at approximately $283,000. Finally, Maxwell Wealth Strategies Inc. lifted its position in shares of iShares MBS ETF by 4.3% in the 4th quarter. Maxwell Wealth Strategies Inc. now owns 7,991 shares of the company’s stock worth $733,000 after purchasing an additional 333 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.7 %

iShares MBS ETF stock opened at $91.95 on Friday. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76. The stock’s 50 day simple moving average is $93.01 and its two-hundred day simple moving average is $92.89.

iShares MBS ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were given a $0.3309 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This is an increase from iShares MBS ETF’s previous dividend of $0.32.

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).