McGuire Investment Group LLC Increases Stock Position in iShares GNMA Bond ETF (NASDAQ:GNMA)

McGuire Investment Group LLC boosted its stake in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 0.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 132,822 shares of the company’s stock after purchasing an additional 976 shares during the period. McGuire Investment Group LLC’s holdings in iShares GNMA Bond ETF were worth $5,702,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in GNMA. First National Corp MA ADV raised its position in shares of iShares GNMA Bond ETF by 17.6% in the third quarter. First National Corp MA ADV now owns 9,651 shares of the company’s stock valued at $432,000 after buying an additional 1,447 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in iShares GNMA Bond ETF by 54.3% during the third quarter. Advisors Asset Management Inc. now owns 11,481 shares of the company’s stock worth $514,000 after buying an additional 4,040 shares during the period. MML Investors Services LLC boosted its stake in shares of iShares GNMA Bond ETF by 27.5% in the third quarter. MML Investors Services LLC now owns 15,698 shares of the company’s stock valued at $703,000 after purchasing an additional 3,390 shares during the period. Bartlett & CO. Wealth Management LLC boosted its stake in shares of iShares GNMA Bond ETF by 79.1% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 16,125 shares of the company’s stock valued at $692,000 after purchasing an additional 7,120 shares during the period. Finally, Merit Financial Group LLC acquired a new stake in iShares GNMA Bond ETF in the fourth quarter valued at approximately $725,000.

iShares GNMA Bond ETF Stock Down 0.0 %

Shares of NASDAQ:GNMA opened at $42.88 on Friday. The firm’s 50 day moving average price is $43.15 and its 200 day moving average price is $43.80. iShares GNMA Bond ETF has a fifty-two week low of $41.91 and a fifty-two week high of $45.69.

iShares GNMA Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.1487 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $1.78 dividend on an annualized basis and a yield of 4.16%. This is a boost from iShares GNMA Bond ETF’s previous monthly dividend of $0.15.

iShares GNMA Bond ETF Company Profile

The iShares GNMA Bond ETF (GNMA) is an exchange-traded fund that is based on the Bloomberg U.S. GNMA Bond index. The fund tracks a market-value-weighted index of US mortgage pass-through securities issued by Government National Mortgage Association (GNMA), with 30- or 15-year maturities. GNMA was launched on Feb 14, 2012 and is managed by BlackRock.