Ashton Thomas Securities LLC Has $4.11 Million Position in iShares MBS ETF (NASDAQ:MBB)

Ashton Thomas Securities LLC lessened its holdings in iShares MBS ETF (NASDAQ:MBB) by 1.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 44,818 shares of the company’s stock after selling 484 shares during the period. iShares MBS ETF accounts for 1.1% of Ashton Thomas Securities LLC’s holdings, making the stock its 21st biggest position. Ashton Thomas Securities LLC’s holdings in iShares MBS ETF were worth $4,109,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Modern Wealth Management LLC boosted its holdings in shares of iShares MBS ETF by 312.1% during the fourth quarter. Modern Wealth Management LLC now owns 150,912 shares of the company’s stock worth $13,914,000 after acquiring an additional 114,295 shares during the period. Congress Wealth Management LLC DE lifted its holdings in iShares MBS ETF by 838.6% during the 4th quarter. Congress Wealth Management LLC DE now owns 558,802 shares of the company’s stock worth $51,231,000 after purchasing an additional 499,269 shares during the last quarter. Community Bank N.A. boosted its stake in iShares MBS ETF by 4.5% in the 4th quarter. Community Bank N.A. now owns 16,831 shares of the company’s stock valued at $1,543,000 after purchasing an additional 718 shares during the period. Meridian Wealth Partners LLC grew its holdings in iShares MBS ETF by 2.9% in the 4th quarter. Meridian Wealth Partners LLC now owns 230,320 shares of the company’s stock valued at $21,116,000 after buying an additional 6,538 shares in the last quarter. Finally, Paces Ferry Wealth Advisors LLC bought a new position in iShares MBS ETF during the 4th quarter worth $201,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB opened at $93.07 on Tuesday. The stock has a fifty day moving average of $92.58 and a 200-day moving average of $93.16. 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 firm 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.

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).