AG Mortgage Investment Trust Inc (MITT) Shares Sold by IndexIQ Advisors LLC

IndexIQ Advisors LLC lessened its holdings in shares of AG Mortgage Investment Trust Inc (NYSE:MITT) by 2.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,938 shares of the real estate investment trust’s stock after selling 660 shares during the period. IndexIQ Advisors LLC’s holdings in AG Mortgage Investment Trust were worth $369,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in MITT. JPMorgan Chase & Co. increased its holdings in AG Mortgage Investment Trust by 55.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 441,739 shares of the real estate investment trust’s stock valued at $8,031,000 after purchasing an additional 156,858 shares during the period. MetLife Investment Advisors LLC boosted its position in AG Mortgage Investment Trust by 52.9% during the 3rd quarter. MetLife Investment Advisors LLC now owns 21,939 shares of the real estate investment trust’s stock valued at $399,000 after acquiring an additional 7,594 shares in the last quarter. TIAA CREF Investment Management LLC boosted its position in AG Mortgage Investment Trust by 24.1% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 109,800 shares of the real estate investment trust’s stock valued at $1,996,000 after acquiring an additional 21,340 shares in the last quarter. Vanguard Group Inc. boosted its position in AG Mortgage Investment Trust by 4.4% during the 3rd quarter. Vanguard Group Inc. now owns 2,467,419 shares of the real estate investment trust’s stock valued at $44,857,000 after acquiring an additional 104,217 shares in the last quarter. Finally, Vanguard Group Inc boosted its position in AG Mortgage Investment Trust by 4.4% during the 3rd quarter. Vanguard Group Inc now owns 2,467,419 shares of the real estate investment trust’s stock valued at $44,857,000 after acquiring an additional 104,217 shares in the last quarter. Institutional investors own 62.36% of the company’s stock.

AG Mortgage Investment Trust stock opened at $15.85 on Thursday. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.02. The company has a market cap of $525.97 million, a price-to-earnings ratio of 7.81 and a beta of 0.90. AG Mortgage Investment Trust Inc has a fifty-two week low of $15.52 and a fifty-two week high of $19.69.



AG Mortgage Investment Trust (NYSE:MITT) last posted its quarterly earnings data on Thursday, May 2nd. The real estate investment trust reported $0.45 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.50 by ($0.05). The firm had revenue of $18.15 million for the quarter. AG Mortgage Investment Trust had a net margin of 14.17% and a return on equity of 12.28%.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Friday, March 29th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $2.00 annualized dividend and a yield of 12.62%.

In other news, CEO David N. Roberts acquired 50,000 shares of the business’s stock in a transaction on Thursday, May 9th. The shares were acquired at an average cost of $16.53 per share, with a total value of $826,500.00. Following the transaction, the chief executive officer now owns 298,882 shares in the company, valued at approximately $4,940,519.46. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.37% of the company’s stock.

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About AG Mortgage Investment Trust

AG Mortgage Investment Trust, Inc, a real estate investment trust, focuses on investing in, acquiring, and managing a portfolio of residential mortgage-backed securities, other real estate-related securities, and financial assets in the United States. It operates through two segments, Securities and Loans, and Single-Family Rental Properties.

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Institutional Ownership by Quarter for AG Mortgage Investment Trust (NYSE:MITT)

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