McGuire Investment Group LLC Acquires 18,007 Shares of iShares GNMA Bond ETF $GNMA

McGuire Investment Group LLC increased its holdings in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 11.5% during the 4th quarter, HoldingsChannel reports. The firm owned 174,950 shares of the company’s stock after purchasing an additional 18,007 shares during the period. McGuire Investment Group LLC’s holdings in iShares GNMA Bond ETF were worth $7,792,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Betterment LLC raised its holdings in iShares GNMA Bond ETF by 8.7% during the 2nd quarter. Betterment LLC now owns 7,687 shares of the company’s stock worth $338,000 after buying an additional 615 shares during the period. Raymond James Financial Inc. increased its position in shares of iShares GNMA Bond ETF by 56.3% during the second quarter. Raymond James Financial Inc. now owns 60,995 shares of the company’s stock worth $2,681,000 after acquiring an additional 21,977 shares in the last quarter. Great Valley Advisor Group Inc. increased its position in shares of iShares GNMA Bond ETF by 79.9% during the second quarter. Great Valley Advisor Group Inc. now owns 40,414 shares of the company’s stock worth $1,776,000 after acquiring an additional 17,953 shares in the last quarter. Chapman Financial Group LLC acquired a new stake in shares of iShares GNMA Bond ETF during the second quarter worth $1,129,000. Finally, Prosperity Planning Inc. raised its holdings in shares of iShares GNMA Bond ETF by 6.3% during the third quarter. Prosperity Planning Inc. now owns 267,109 shares of the company’s stock worth $11,846,000 after acquiring an additional 15,849 shares during the period.

iShares GNMA Bond ETF Stock Up 0.3%

Shares of NASDAQ GNMA opened at $44.60 on Wednesday. iShares GNMA Bond ETF has a 1-year low of $42.72 and a 1-year high of $45.49. The company has a fifty day moving average price of $44.63 and a 200 day moving average price of $44.59.

iShares GNMA Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were issued a $0.1516 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Wednesday, April 1st.

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.