iShares GNMA Bond ETF $GNMA Shares Acquired by Prosperity Planning Inc.

Prosperity Planning Inc. raised its holdings in iShares GNMA Bond ETF (NASDAQ:GNMA) by 6.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 267,109 shares of the company’s stock after buying an additional 15,849 shares during the quarter. iShares GNMA Bond ETF accounts for 3.2% of Prosperity Planning Inc.’s investment portfolio, making the stock its 8th largest holding. Prosperity Planning Inc. owned about 3.22% of iShares GNMA Bond ETF worth $11,846,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Beverly Hills Private Wealth LLC boosted its stake in iShares GNMA Bond ETF by 11.9% during the second quarter. Beverly Hills Private Wealth LLC now owns 110,423 shares of the company’s stock worth $4,853,000 after acquiring an additional 11,728 shares in the last quarter. Foster & Motley Inc. boosted its position in shares of iShares GNMA Bond ETF by 93.0% during the 2nd quarter. Foster & Motley Inc. now owns 12,104 shares of the company’s stock worth $532,000 after purchasing an additional 5,832 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in iShares GNMA Bond ETF by 7.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 56,921 shares of the company’s stock worth $2,482,000 after buying an additional 3,734 shares during the period. WealthPlan Investment Management LLC bought a new position in iShares GNMA Bond ETF in the second quarter worth approximately $259,000. Finally, Myecfo LLC grew its stake in iShares GNMA Bond ETF by 3.5% in the second quarter. Myecfo LLC now owns 56,942 shares of the company’s stock valued at $2,503,000 after acquiring an additional 1,941 shares during the period.

iShares GNMA Bond ETF Stock Up 0.4%

Shares of NASDAQ:GNMA opened at $44.62 on Friday. The stock’s 50 day moving average is $44.59 and its 200-day moving average is $44.11. iShares GNMA Bond ETF has a twelve month low of $42.00 and a twelve month high of $45.34.

iShares GNMA Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th will be issued a dividend of $0.1582 per share. This is an increase from iShares GNMA Bond ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Friday, December 19th.

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.