McGuire Investment Group LLC Increases Position in iShares GNMA Bond ETF (NASDAQ:GNMA)

McGuire Investment Group LLC lifted its position in iShares GNMA Bond ETF (NASDAQ:GNMA) by 0.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 132,822 shares of the company’s stock after purchasing an additional 976 shares during the period. McGuire Investment Group LLC owned about 1.68% of iShares GNMA Bond ETF worth $5,702,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Bartlett & CO. Wealth Management LLC increased its stake in shares of iShares GNMA Bond ETF by 79.1% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 16,125 shares of the company’s stock worth $692,000 after purchasing an additional 7,120 shares in the last quarter. Planned Solutions Inc. boosted its position in shares of iShares GNMA Bond ETF by 4.3% during the fourth quarter. Planned Solutions Inc. now owns 18,081 shares of the company’s stock worth $776,000 after acquiring an additional 746 shares during the last quarter. LifePlan Financial LLC boosted its position in shares of iShares GNMA Bond ETF by 1.0% during the fourth quarter. LifePlan Financial LLC now owns 45,990 shares of the company’s stock worth $1,974,000 after acquiring an additional 456 shares during the last quarter. Prosperity Planning Inc. boosted its position in shares of iShares GNMA Bond ETF by 6.6% during the fourth quarter. Prosperity Planning Inc. now owns 240,650 shares of the company’s stock worth $10,331,000 after acquiring an additional 15,002 shares during the last quarter. Finally, Merit Financial Group LLC bought a new position in shares of iShares GNMA Bond ETF during the fourth quarter worth $725,000.

iShares GNMA Bond ETF Stock Performance

Shares of NASDAQ:GNMA opened at $42.88 on Friday. The firm has a fifty day moving average price of $43.15 and a 200 day moving average price of $43.80. iShares GNMA Bond ETF has a fifty-two week low of $41.91 and a fifty-two week high of $45.69.

iShares GNMA Bond ETF Increases Dividend

The firm also recently disclosed 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 represents a $1.78 annualized dividend and a yield of 4.16%. This is a positive change from iShares GNMA Bond ETF’s previous monthly dividend of $0.15.

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.