Bartlett & CO. Wealth Management LLC Purchases 7,120 Shares of iShares GNMA Bond ETF (NASDAQ:GNMA)

Bartlett & CO. Wealth Management LLC raised its position in iShares GNMA Bond ETF (NASDAQ:GNMA) by 79.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 16,125 shares of the company’s stock after purchasing an additional 7,120 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in iShares GNMA Bond ETF were worth $692,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of GNMA. Park Avenue Securities LLC lifted its position in shares of iShares GNMA Bond ETF by 17.9% in the 4th quarter. Park Avenue Securities LLC now owns 36,320 shares of the company’s stock worth $1,559,000 after purchasing an additional 5,502 shares during the period. First National Corp MA ADV boosted its position in iShares GNMA Bond ETF by 17.6% during the 3rd quarter. First National Corp MA ADV now owns 9,651 shares of the company’s stock valued at $432,000 after acquiring an additional 1,447 shares in the last quarter. DMC Group LLC grew its holdings in shares of 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 acquiring an additional 263 shares during the period. McGuire Investment Group LLC raised its position in shares of iShares GNMA Bond ETF by 6.8% in the 3rd quarter. McGuire Investment Group LLC now owns 131,846 shares of the company’s stock worth $5,905,000 after acquiring an additional 8,363 shares in the last quarter. Finally, LifePlan Financial LLC lifted its stake in shares of iShares GNMA Bond ETF by 12.1% in the 3rd quarter. LifePlan Financial LLC now owns 45,534 shares of the company’s stock valued at $2,039,000 after purchasing an additional 4,931 shares during the period.

iShares GNMA Bond ETF Stock Down 0.0 %

Shares of GNMA stock opened at $42.88 on Friday. The business’s fifty day moving average is $43.15 and its 200 day moving average is $43.80. iShares GNMA Bond ETF has a twelve month low of $41.91 and a twelve month high of $45.69.

iShares GNMA Bond ETF Increases Dividend

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

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.