Meridian Wealth Partners LLC Buys 6,538 Shares of iShares MBS ETF (NASDAQ:MBB)

Meridian Wealth Partners LLC lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 2.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 230,320 shares of the company’s stock after purchasing an additional 6,538 shares during the period. iShares MBS ETF makes up about 3.2% of Meridian Wealth Partners LLC’s holdings, making the stock its 7th biggest position. Meridian Wealth Partners LLC owned 0.06% of iShares MBS ETF worth $21,116,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of MBB. Hobbs Group Advisors LLC grew its position in iShares MBS ETF by 115.5% during the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after purchasing an additional 149 shares in the last quarter. Truvestments Capital LLC acquired a new stake in shares of iShares MBS ETF in the fourth quarter worth $36,000. Key Financial Inc raised its position in iShares MBS ETF by 4,220.0% during the fourth quarter. Key Financial Inc now owns 432 shares of the company’s stock valued at $40,000 after buying an additional 422 shares during the period. Activest Wealth Management acquired a new stake in iShares MBS ETF during the 4th quarter worth about $58,000. Finally, CENTRAL TRUST Co grew its stake in iShares MBS ETF by 41.4% during the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock valued at $59,000 after acquiring an additional 189 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.1 %

Shares of MBB opened at $93.55 on Friday. The business’s 50-day moving average is $92.53 and its 200-day moving average is $93.20. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.3204 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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).