Farmers & Merchants Investments Inc. Has $7.79 Million Holdings in iShares MBS ETF (NASDAQ:MBB)

Farmers & Merchants Investments Inc. increased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 36.6% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 84,244 shares of the company’s stock after acquiring an additional 22,576 shares during the period. Farmers & Merchants Investments Inc.’s holdings in iShares MBS ETF were worth $7,786,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Register Financial Advisors LLC lifted its stake in shares of iShares MBS ETF by 584.6% in the fourth quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock worth $25,000 after buying an additional 228 shares during the last quarter. Financial Management Professionals Inc. acquired a new stake in shares of iShares MBS ETF in the first quarter valued at about $26,000. LFA Lugano Financial Advisors SA bought a new position in shares of iShares MBS ETF in the fourth quarter worth about $28,000. Kozak & Associates Inc. acquired a new position in shares of iShares MBS ETF during the 4th quarter worth about $31,000. Finally, Versant Capital Management Inc bought a new stake in iShares MBS ETF during the 1st quarter valued at approximately $32,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Performance

NASDAQ MBB traded up $0.20 during trading on Tuesday, hitting $91.05. The company’s stock had a trading volume of 881,570 shares, compared to its average volume of 2,439,842. iShares MBS ETF has a 52 week low of $85.28 and a 52 week high of $94.55. The firm has a 50 day moving average price of $91.24 and a 200 day moving average price of $91.98.

iShares MBS ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, July 5th. Investors of record on Monday, July 1st will be paid a dividend of $0.3053 per share. This represents a $3.66 annualized dividend and a yield of 4.02%. The ex-dividend date of this dividend is Monday, July 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).