Farmers & Merchants Investments Inc. Acquires 11,194 Shares of iShares MBS ETF $MBB

Farmers & Merchants Investments Inc. grew its holdings in iShares MBS ETF (NASDAQ:MBB) by 9.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 125,469 shares of the company’s stock after acquiring an additional 11,194 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in iShares MBS ETF were worth $11,947,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Howe & Rusling Inc. boosted its position in shares of iShares MBS ETF by 184.0% in the third quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after acquiring an additional 184 shares during the period. Westfuller Advisors LLC bought a new stake in shares of iShares MBS ETF in the third quarter valued at about $33,000. Aventura Private Wealth LLC bought a new stake in shares of iShares MBS ETF in the fourth quarter valued at about $35,000. Wealth Watch Advisors INC bought a new stake in shares of iShares MBS ETF in the third quarter valued at about $35,000. Finally, Dunhill Financial LLC boosted its position in shares of iShares MBS ETF by 3,554.5% in the fourth quarter. Dunhill Financial LLC now owns 402 shares of the company’s stock valued at $38,000 after acquiring an additional 391 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock opened at $94.91 on Friday. iShares MBS ETF has a 52-week low of $91.19 and a 52-week high of $96.96. The firm has a 50-day moving average of $95.15 and a 200-day moving average of $95.40.

iShares MBS ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were given a dividend of $0.3346 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a yield of 4.2%.

iShares MBS ETF 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). 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).