Beacon Financial Group Has $432,000 Stake in iShares GNMA Bond ETF (NASDAQ:GNMA)

Beacon Financial Group boosted its position in iShares GNMA Bond ETF (NASDAQ:GNMA) by 7.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,054 shares of the company’s stock after purchasing an additional 701 shares during the period. Beacon Financial Group’s holdings in iShares GNMA Bond ETF were worth $432,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Bigelow Investment Advisors LLC grew its holdings in shares of iShares GNMA Bond ETF by 10.4% during the third quarter. Bigelow Investment Advisors LLC now owns 79,936 shares of the company’s stock worth $3,580,000 after purchasing an additional 7,558 shares during the last quarter. DMC Group LLC boosted its position in iShares GNMA Bond ETF by 0.8% during the 3rd quarter. DMC Group LLC now owns 34,749 shares of the company’s stock worth $1,556,000 after buying an additional 263 shares during the period. Wooster Corthell Wealth Management Inc. boosted its position in iShares GNMA Bond ETF by 164.2% during the 3rd quarter. Wooster Corthell Wealth Management Inc. now owns 60,972 shares of the company’s stock worth $2,731,000 after buying an additional 37,895 shares during the period. Eastern Bank bought a new stake in iShares GNMA Bond ETF during the 3rd quarter worth approximately $4,208,000. Finally, FFG Retirement Advisors LLC increased its position in iShares GNMA Bond ETF by 12.4% in the 3rd quarter. FFG Retirement Advisors LLC now owns 16,972 shares of the company’s stock valued at $760,000 after acquiring an additional 1,870 shares during the period.

iShares GNMA Bond ETF Stock Down 0.3 %

GNMA stock opened at $42.97 on Thursday. The company has a fifty day moving average price of $43.05 and a 200-day moving average price of $43.77. 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 business also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.1566 per share. This is a positive change from iShares GNMA Bond ETF’s previous dividend of $0.14. The ex-dividend date was Monday, February 3rd.

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.