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

Apollon Wealth Management LLC grew its position in iShares MBS ETF (NASDAQ:MBB) by 31.7% during the third quarter, according to its most recent Form 13F filing with the SEC. 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 institutional investors and hedge funds also recently added to or reduced their stakes in the company. 180 Wealth Advisors LLC increased its position in shares of iShares MBS ETF by 9.1% in the third quarter. 180 Wealth Advisors LLC now owns 7,723 shares of the company’s stock worth $735,000 after acquiring an additional 646 shares in the last quarter. Lincoln Capital Corp increased its position in shares of iShares MBS ETF by 1.7% during the 3rd quarter. Lincoln Capital Corp now owns 73,640 shares of the company’s stock valued at $7,007,000 after purchasing an additional 1,207 shares during the period. Carnegie Investment Counsel grew its holdings in shares of iShares MBS ETF by 3.4% in the 3rd quarter. Carnegie Investment Counsel now owns 249,475 shares of the company’s stock worth $23,738,000 after acquiring an additional 8,142 shares during the last quarter. Stockman Wealth Management Inc. boosted its position in shares of iShares MBS ETF by 16.4% in the third quarter. Stockman Wealth Management Inc. now owns 493,525 shares of the company’s stock worth $46,959,000 after buying an additional 69,649 shares during the period. Finally, K2 Financial Inc. grew its holdings in shares of iShares MBS ETF by 5.9% during the 3rd quarter. K2 Financial Inc. now owns 16,445 shares of the company’s stock valued at $1,570,000 after acquiring an additional 917 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.1%

NASDAQ:MBB 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’s fifty day simple moving average is $95.42 and its 200 day simple moving average is $94.51.

iShares MBS ETF Cuts Dividend

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

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). 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).