5,451 Shares in iShares GNMA Bond ETF (NASDAQ:GNMA) Purchased by Foster & Motley Inc.

Foster & Motley Inc. bought a new stake in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) in the fourth quarter, Holdings Channel reports. The fund bought 5,451 shares of the company’s stock, valued at approximately $234,000.

Other large investors have also recently made changes to their positions in the company. Northland Capital Management LLC raised its stake in iShares GNMA Bond ETF by 4.1% during the fourth quarter. Northland Capital Management LLC now owns 452,078 shares of the company’s stock valued at $19,408,000 after buying an additional 17,933 shares during the last quarter. Prosperity Planning Inc. boosted its stake in iShares GNMA Bond ETF by 6.6% in the 4th quarter. Prosperity Planning Inc. now owns 240,650 shares of the company’s stock worth $10,331,000 after purchasing an additional 15,002 shares in the last quarter. Farmers & Merchants Investments Inc. grew its position in iShares GNMA Bond ETF by 14.7% during the 3rd quarter. Farmers & Merchants Investments Inc. now owns 183,335 shares of the company’s stock valued at $8,212,000 after purchasing an additional 23,508 shares during the last quarter. McGuire Investment Group LLC increased its stake in iShares GNMA Bond ETF by 0.7% during the 4th quarter. McGuire Investment Group LLC now owns 132,822 shares of the company’s stock valued at $5,702,000 after purchasing an additional 976 shares in the last quarter. Finally, Sanctuary Advisors LLC raised its holdings in iShares GNMA Bond ETF by 6.6% in the third quarter. Sanctuary Advisors LLC now owns 130,231 shares of the company’s stock worth $5,646,000 after buying an additional 8,050 shares during the last quarter.

iShares GNMA Bond ETF Trading Down 0.1 %

NASDAQ:GNMA opened at $43.19 on Friday. The company’s 50 day moving average price is $43.14 and its 200-day moving average price is $43.79. iShares GNMA Bond ETF has a 52 week low of $41.91 and a 52 week high of $45.69.

iShares GNMA Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.1487 per share. This represents a $1.78 annualized dividend and a yield of 4.13%. This is an increase from iShares GNMA Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Wednesday, December 18th.

iShares GNMA Bond ETF 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.