iShares MBS ETF (NASDAQ:MBB) Stake Increased by Meridian Wealth Partners LLC

Meridian Wealth Partners LLC increased its position in iShares MBS ETF (NASDAQ:MBB) by 2.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 169,095 shares of the company’s stock after acquiring an additional 3,290 shares during the period. iShares MBS ETF makes up about 3.0% of Meridian Wealth Partners LLC’s investment portfolio, making the stock its 10th biggest position. Meridian Wealth Partners LLC owned approximately 0.05% of iShares MBS ETF worth $15,908,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Magnus Financial Group LLC acquired a new position in shares of iShares MBS ETF in the fourth quarter valued at approximately $511,000. Dohj LLC acquired a new stake in shares of iShares MBS ETF during the 4th quarter worth $5,432,000. Motley Fool Wealth Management LLC raised its position in shares of iShares MBS ETF by 2.2% in the 4th quarter. Motley Fool Wealth Management LLC now owns 138,538 shares of the company’s stock worth $13,029,000 after buying an additional 2,977 shares during the period. Golden State Equity Partners grew its stake in iShares MBS ETF by 187.1% during the fourth quarter. Golden State Equity Partners now owns 10,796 shares of the company’s stock worth $1,016,000 after buying an additional 7,036 shares during the period. Finally, Absolute Capital Management LLC increased its position in shares of iShares MBS ETF by 4.9% in the fourth quarter. Absolute Capital Management LLC now owns 6,587 shares of the company’s stock worth $620,000 after acquiring an additional 306 shares in the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Up 0.4 %

Shares of iShares MBS ETF stock traded up $0.36 during trading hours on Friday, hitting $89.80. 2,052,660 shares of the company’s stock traded hands, compared to its average volume of 2,710,366. The stock has a 50 day simple moving average of $91.43 and a 200-day simple moving average of $91.21. iShares MBS ETF has a twelve month low of $85.28 and a twelve month high of $95.70.

iShares MBS ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.2827 per share. This represents a $3.39 annualized dividend and a dividend yield of 3.78%. The ex-dividend date was Monday, April 1st.

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).