iShares MBS ETF $MBB is Meridian Wealth Partners LLC’s 9th Largest Position

Meridian Wealth Partners LLC raised its position in shares of iShares MBS ETF (NASDAQ:MBB) by 3.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 268,260 shares of the company’s stock after buying an additional 8,360 shares during the quarter. iShares MBS ETF comprises approximately 3.5% of Meridian Wealth Partners LLC’s portfolio, making the stock its 9th biggest position. Meridian Wealth Partners LLC owned 0.07% of iShares MBS ETF worth $25,544,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of MBB. ESL Trust Services LLC bought a new position in shares of iShares MBS ETF in the 4th quarter worth about $28,000. Nemes Rush Group LLC increased its stake in shares of iShares MBS ETF by 132.9% in the 4th quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock worth $34,000 after acquiring an additional 206 shares in the last quarter. Wealth Watch Advisors INC bought a new position in shares of iShares MBS ETF in the 3rd quarter worth about $35,000. Aventura Private Wealth LLC bought a new position in shares of iShares MBS ETF in the 4th quarter worth about $35,000. Finally, Key Financial Inc increased its stake in shares of iShares MBS ETF by 96.9% in the 4th quarter. Key Financial Inc now owns 380 shares of the company’s stock worth $36,000 after acquiring an additional 187 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.1%

Shares of iShares MBS ETF stock opened at $94.38 on Friday. The company has a 50-day moving average of $94.56 and a 200 day moving average of $95.16. iShares MBS ETF has a 1 year low of $92.38 and a 1 year high of $96.96.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a $0.3334 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Monday, June 1st.

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). 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).