Meridian Wealth Partners LLC Has $21.12 Million Holdings in iShares MBS ETF (NASDAQ:MBB)

Meridian Wealth Partners LLC increased its position in iShares MBS ETF (NASDAQ:MBB) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 230,320 shares of the company’s stock after buying an additional 6,538 shares during the period. iShares MBS ETF accounts for 3.2% of Meridian Wealth Partners LLC’s portfolio, making the stock its 7th largest holding. Meridian Wealth Partners LLC’s holdings in iShares MBS ETF were worth $21,116,000 at the end of the most recent quarter.

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

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $93.55 on Friday. The company’s 50 day moving average is $92.53 and its 200-day moving average is $93.20. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.3204 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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).