Apollon Wealth Management LLC Has $2.91 Million Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Apollon Wealth Management LLC boosted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 14.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 31,738 shares of the company’s stock after purchasing 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.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in shares of iShares MBS ETF by 18.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock valued at $3,321,229,000 after buying an additional 5,521,374 shares during the last quarter. Fisher Asset Management LLC lifted its stake in iShares MBS ETF by 8.3% in the third quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock valued at $1,750,027,000 after acquiring an additional 1,404,263 shares during the last quarter. LPL Financial LLC lifted its stake in iShares MBS ETF by 6.3% in the third quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock valued at $1,838,565,000 after acquiring an additional 1,138,182 shares during the last quarter. Hilton Capital Management LLC bought a new stake in iShares MBS ETF in the third quarter worth approximately $88,586,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of iShares MBS ETF by 696.6% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 804,598 shares of the company’s stock worth $77,089,000 after purchasing an additional 703,598 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.2 %

MBB stock opened at $92.18 on Monday. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76. The company has a fifty day simple moving average of $92.00 and a 200 day simple moving average of $93.53.

iShares MBS ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.3414 dividend. The ex-dividend date was Monday, February 3rd. This is a boost from iShares MBS ETF’s previous dividend of $0.29.

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).