iShares GNMA Bond ETF $GNMA Stock Holdings Raised by Prosperity Planning Inc.

Prosperity Planning Inc. lifted its position in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 10.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 340,879 shares of the company’s stock after acquiring an additional 32,240 shares during the period. iShares GNMA Bond ETF makes up approximately 3.5% of Prosperity Planning Inc.’s portfolio, making the stock its 8th largest position. Prosperity Planning Inc. owned approximately 3.51% of iShares GNMA Bond ETF worth $15,077,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. Focus Partners Wealth lifted its position in iShares GNMA Bond ETF by 3,914.7% in the 4th quarter. Focus Partners Wealth now owns 828,042 shares of the company’s stock valued at $36,881,000 after acquiring an additional 807,417 shares in the last quarter. LPL Financial LLC increased its holdings in shares of iShares GNMA Bond ETF by 98.1% in the 4th quarter. LPL Financial LLC now owns 391,218 shares of the company’s stock worth $17,425,000 after purchasing an additional 193,767 shares in the last quarter. Portland Global Advisors LLC increased its holdings in shares of iShares GNMA Bond ETF by 3.1% in the 4th quarter. Portland Global Advisors LLC now owns 380,968 shares of the company’s stock worth $16,968,000 after purchasing an additional 11,556 shares in the last quarter. Farmers & Merchants Investments Inc. raised its stake in shares of iShares GNMA Bond ETF by 12.4% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 299,939 shares of the company’s stock worth $13,359,000 after purchasing an additional 33,004 shares during the last quarter. Finally, McGuire Investment Group LLC raised its stake in shares of iShares GNMA Bond ETF by 11.5% in the fourth quarter. McGuire Investment Group LLC now owns 174,950 shares of the company’s stock worth $7,792,000 after purchasing an additional 18,007 shares during the last quarter.

iShares GNMA Bond ETF Stock Down 0.4%

Shares of NASDAQ:GNMA opened at $43.45 on Tuesday. iShares GNMA Bond ETF has a 1 year low of $43.19 and a 1 year high of $45.49. The stock’s fifty day moving average price is $43.89 and its 200-day moving average price is $44.29.

iShares GNMA Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were given a $0.1616 dividend. This is a positive change from iShares GNMA Bond ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.