Shares of Farmer Mac gained modestly on their first day of trading on the New York Stock Exchange, advancing 0.19%, or 12.5 cents, to $67.125.

But the company's president, Henry D. Edelman, who rang the opening bell at the exchange, said he was optimistic about the company's move from the Nasdaq market to the Big Board.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.