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

Farmers & Merchants Investments Inc. grew its position in iShares MBS ETF (NASDAQ:MBB) by 19.3% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 100,541 shares of the company’s stock after buying an additional 16,297 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in iShares MBS ETF were worth $9,231,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in MBB. National Bank of Canada FI grew its stake in iShares MBS ETF by 9,301.2% during the 2nd quarter. National Bank of Canada FI now owns 56,501 shares of the company’s stock valued at $5,133,000 after acquiring an additional 55,900 shares in the last quarter. Nottingham Advisors Inc. grew its position in shares of iShares MBS ETF by 4.4% in the second quarter. Nottingham Advisors Inc. now owns 349,198 shares of the company’s stock valued at $32,060,000 after purchasing an additional 14,719 shares in the last quarter. Impact Partnership Wealth LLC grew its position in shares of iShares MBS ETF by 78.8% in the second quarter. Impact Partnership Wealth LLC now owns 37,876 shares of the company’s stock valued at $3,477,000 after purchasing an additional 16,694 shares in the last quarter. Mayflower Financial Advisors LLC increased its holdings in shares of iShares MBS ETF by 20.8% in the second quarter. Mayflower Financial Advisors LLC now owns 36,010 shares of the company’s stock valued at $3,306,000 after purchasing an additional 6,201 shares during the last quarter. Finally, Range Financial Group LLC lifted its position in iShares MBS ETF by 7.7% during the second quarter. Range Financial Group LLC now owns 9,912 shares of the company’s stock worth $910,000 after buying an additional 706 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

NASDAQ:MBB remained flat at $95.82 during trading hours on Friday. The company’s stock had a trading volume of 95,818 shares, compared to its average volume of 2,253,682. iShares MBS ETF has a 12 month low of $85.28 and a 12 month high of $96.00. The business’s 50-day moving average price is $93.84 and its 200-day moving average price is $92.25.

iShares MBS ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd will be given a dividend of $0.3177 per share. The ex-dividend date is Tuesday, September 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).