Planned Solutions Inc. Purchases Shares of 16,887 iShares GNMA Bond ETF (NASDAQ:GNMA)

Planned Solutions Inc. purchased a new stake in iShares GNMA Bond ETF (NASDAQ:GNMA) in the fourth quarter, HoldingsChannel reports. The fund purchased 16,887 shares of the company’s stock, valued at approximately $747,000.

Other hedge funds have also recently bought and sold shares of the company. 3EDGE Asset Management LP acquired a new position in shares of iShares GNMA Bond ETF in the 4th quarter valued at $50,977,000. JPMorgan Chase & Co. raised its stake in shares of iShares GNMA Bond ETF by 12,358.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 456,970 shares of the company’s stock valued at $19,092,000 after buying an additional 453,302 shares in the last quarter. Jane Street Group LLC raised its stake in shares of iShares GNMA Bond ETF by 177.1% in the 1st quarter. Jane Street Group LLC now owns 474,391 shares of the company’s stock valued at $22,638,000 after buying an additional 303,178 shares in the last quarter. FFG Retirement Advisors LLC acquired a new position in shares of iShares GNMA Bond ETF in the 4th quarter valued at $6,748,000. Finally, Raymond James Financial Services Advisors Inc. raised its stake in shares of iShares GNMA Bond ETF by 270.7% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 149,606 shares of the company’s stock valued at $6,251,000 after buying an additional 109,248 shares in the last quarter.

iShares GNMA Bond ETF Stock Performance

Shares of GNMA stock opened at $43.52 on Thursday. The firm has a fifty day moving average of $43.34 and a 200-day moving average of $42.81. iShares GNMA Bond ETF has a 52-week low of $40.33 and a 52-week high of $45.06.

iShares GNMA Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, March 7th. Investors of record on Monday, March 4th were given a dividend of $0.1453 per share. This represents a $1.74 dividend on an annualized basis and a dividend yield of 4.01%. The ex-dividend date was Friday, March 1st.

About iShares GNMA Bond ETF

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.