American Capital Agency Corp. (AGNC), Annaly Capital Management, Inc. (NLY): Investors Engage In a Little Shopping

Although the entire sector rallied as well, times are still troubled for mREITs. Taper terror will likely begin anew after Labor Day, as investors and analysts anxiously await the next Federal Open Market Committee Meeting, which takes place on September 17 and 18.

Considering that most analysts now expect tapering to start soon — possibly, even, next month — the timing of the CYS Investments Inc (NYSE:CYS) and Annaly Capital Management, Inc. (NYSE:NLY) purchases carry more weight than usual. Despite the likely turmoil that mREITs will suffer during the unwinding of QE3, these managers are letting investors know that the trusts will, in fact, weather the storm. During these times of market turbulence and investor jitters, it’s a timely reminder.

The article Mortgage REIT Insiders Take Advantage of the Dip originally appeared on Fool.com and is written by Amanda Alix.

Fool contributor Amanda Alix has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

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