Farmers & Merchants Investments Inc. Boosts Stake in iShares MBS ETF (NASDAQ:MBB)

Farmers & Merchants Investments Inc. grew its stake in iShares MBS ETF (NASDAQ:MBB) by 14.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 121,291 shares of the company’s stock after acquiring an additional 14,947 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in iShares MBS ETF were worth $11,120,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Hobbs Group Advisors LLC grew its stake in iShares MBS ETF by 115.5% in the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after purchasing an additional 149 shares during the last quarter. St. Johns Investment Management Company LLC bought a new stake in shares of iShares MBS ETF in the 3rd quarter valued at about $30,000. Godsey & Gibb Inc. purchased a new position in shares of iShares MBS ETF in the 3rd quarter worth approximately $33,000. MeadowBrook Investment Advisors LLC raised its stake in shares of iShares MBS ETF by 413.5% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after acquiring an additional 306 shares in the last quarter. Finally, CENTRAL TRUST Co lifted its position in iShares MBS ETF by 41.4% during the fourth quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock valued at $59,000 after acquiring an additional 189 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Down 0.2 %

NASDAQ MBB opened at $92.18 on Friday. The firm’s fifty day simple moving average is $92.04 and its two-hundred day simple moving average is $93.53. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76.

iShares MBS ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a dividend of $0.3414 per share. This is an increase from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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).