KDK Private Wealth Management LLC Takes Position in iShares MBS ETF (NASDAQ:MBB)

KDK Private Wealth Management LLC acquired a new stake in iShares MBS ETF (NASDAQ:MBB) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,303 shares of the company’s stock, valued at approximately $211,000.

Other institutional investors also recently modified their holdings of the company. Ignite Planners LLC grew its holdings in shares of iShares MBS ETF by 4.9% in the fourth quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock worth $226,000 after acquiring an additional 115 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of iShares MBS ETF by 18.7% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 794 shares of the company’s stock valued at $73,000 after purchasing an additional 125 shares during the period. Hobbs Group Advisors LLC lifted its position in shares of iShares MBS ETF by 115.5% in the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after acquiring an additional 149 shares in the last quarter. WMG Financial Advisors LLC lifted its holdings in iShares MBS ETF by 4.3% in the 4th quarter. WMG Financial Advisors LLC now owns 3,692 shares of the company’s stock worth $338,000 after purchasing an additional 152 shares in the last quarter. Finally, Latitude Advisors LLC boosted its position in shares of iShares MBS ETF by 2.4% during the fourth quarter. Latitude Advisors LLC now owns 6,899 shares of the company’s stock worth $632,000 after acquiring an additional 164 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.7 %

Shares of MBB stock opened at $91.95 on Friday. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76. The stock’s 50-day moving average price is $93.01 and its 200-day moving average price is $92.89.

iShares MBS ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were given a $0.3309 dividend. The ex-dividend date was Tuesday, April 1st. This is a positive change from iShares MBS ETF’s previous dividend of $0.32.

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).