iShares MBS ETF (NASDAQ:MBB) Shares Purchased by Meridian Wealth Partners LLC

Meridian Wealth Partners LLC raised 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. The institutional investor owned 169,095 shares of the company’s stock after purchasing an additional 3,290 shares during the period. iShares MBS ETF comprises about 3.0% of Meridian Wealth Partners LLC’s investment portfolio, making the stock its 10th largest position. Meridian Wealth Partners LLC’s holdings in iShares MBS ETF were worth $15,908,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in iShares MBS ETF by 11.1% during the third quarter. JPMorgan Chase & Co. now owns 27,285,852 shares of the company’s stock worth $2,422,987,000 after buying an additional 2,719,637 shares during the period. Ameriprise Financial Inc. grew its holdings in iShares MBS ETF by 9.5% in the third quarter. Ameriprise Financial Inc. now owns 13,314,589 shares of the company’s stock valued at $1,182,679,000 after purchasing an additional 1,158,175 shares during the period. TIAA Trust National Association acquired a new position in iShares MBS ETF during the third quarter worth approximately $374,403,000. Bank of New York Mellon Corp raised its stake in iShares MBS ETF by 87.6% during the third quarter. Bank of New York Mellon Corp now owns 3,616,191 shares of the company’s stock worth $321,118,000 after purchasing an additional 1,688,344 shares during the period. Finally, Stifel Financial Corp boosted its holdings in shares of iShares MBS ETF by 12.6% in the 3rd quarter. Stifel Financial Corp now owns 3,121,046 shares of the company’s stock valued at $277,150,000 after purchasing an additional 350,293 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.4 %

Shares of NASDAQ MBB traded up $0.36 during trading on Friday, hitting $89.80. 2,052,660 shares of the company traded hands, compared to its average volume of 2,710,366. The company has a 50-day moving average price of $91.43 and a 200-day moving average price of $91.21. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $95.70.

iShares MBS ETF Announces Dividend

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

iShares MBS ETF Company 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).