157,087 Shares in iShares MBS ETF $MBB Purchased by Farmers & Merchants Investments Inc.

Farmers & Merchants Investments Inc. purchased a new stake in shares of iShares MBS ETF (NASDAQ:MBB) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 157,087 shares of the company’s stock, valued at approximately $14,078,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Field & Main Bank purchased a new position in iShares MBS ETF during the second quarter valued at approximately $30,000. Montgomery Financial Services LLC acquired a new stake in shares of iShares MBS ETF during the 2nd quarter valued at about $27,000. Brown Lisle Cummings Inc. purchased a new position in shares of iShares MBS ETF during the 1st quarter valued at approximately $28,000. Beaird Harris Wealth Management LLC acquired a new position in shares of iShares MBS ETF during the 2nd quarter worth about $34,000. Finally, Investors Research Corp lifted its stake in iShares MBS ETF by 1,587.0% in the 2nd quarter. Investors Research Corp now owns 388 shares of the company’s stock worth $37,000 after purchasing an additional 365 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $91.29 on Friday. iShares MBS ETF has a 12-month low of $88.58 and a 12-month high of $96.96. The business has a 50-day moving average price of $91.35 and a 200 day moving average price of $93.18.

iShares MBS ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a $0.3662 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.3388. This represents a $4.39 dividend on an annualized basis and a dividend yield of 4.8%.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).