Bartlett & CO. Wealth Management LLC Raises Stake in iShares GNMA Bond ETF (NASDAQ:GNMA)

Bartlett & CO. Wealth Management LLC raised its stake in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 79.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,125 shares of the company’s stock after buying an additional 7,120 shares during the quarter. Bartlett & CO. Wealth Management LLC owned about 0.20% of iShares GNMA Bond ETF worth $692,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. First National Corp MA ADV grew its stake in iShares GNMA Bond ETF by 17.6% during the third 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. Advisors Asset Management Inc. boosted its holdings in iShares GNMA Bond ETF by 54.3% in the 3rd quarter. Advisors Asset Management Inc. now owns 11,481 shares of the company’s stock valued at $514,000 after purchasing an additional 4,040 shares during the period. MML Investors Services LLC increased its holdings in shares of iShares GNMA Bond ETF by 27.5% in the third quarter. MML Investors Services LLC now owns 15,698 shares of the company’s stock worth $703,000 after purchasing an additional 3,390 shares during the period. Merit Financial Group LLC purchased a new stake in shares of iShares GNMA Bond ETF in the fourth quarter worth $725,000. Finally, FFG Retirement Advisors LLC boosted its stake in iShares GNMA Bond ETF by 12.4% during the third quarter. FFG Retirement Advisors LLC now owns 16,972 shares of the company’s stock valued at $760,000 after buying an additional 1,870 shares during the period.

iShares GNMA Bond ETF Stock Performance

Shares of NASDAQ GNMA opened at $42.88 on Friday. The stock’s 50-day simple moving average is $43.15 and its two-hundred day simple 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 business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.1487 per share. The ex-dividend date was Wednesday, December 18th. This is a positive change from iShares GNMA Bond ETF’s previous monthly dividend of $0.15. This represents a $1.78 annualized dividend and a yield of 4.16%.

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.