366,502 Shares in iShares GNMA Bond ETF $GNMA Bought by Prosperity Planning Inc.

Prosperity Planning Inc. acquired a new stake in iShares GNMA Bond ETF (NASDAQ:GNMA) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 366,502 shares of the company’s stock, valued at approximately $15,342,000. iShares GNMA Bond ETF makes up about 3.4% of Prosperity Planning Inc.’s portfolio, making the stock its 8th biggest position. Prosperity Planning Inc. owned 3.72% of iShares GNMA Bond ETF at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in GNMA. First Heartland Consultants Inc. bought a new stake in shares of iShares GNMA Bond ETF in the 3rd quarter worth $6,375,000. Bank of America Corp DE boosted its position in shares of iShares GNMA Bond ETF by 152.1% during the first quarter. Bank of America Corp DE now owns 99,069 shares of the company’s stock valued at $4,392,000 after buying an additional 59,773 shares during the last quarter. Whitcomb & Hess Inc. bought a new stake in iShares GNMA Bond ETF in the 3rd quarter worth about $758,000. Sanctuary Advisors LLC raised its position in iShares GNMA Bond ETF by 11.0% in the 1st quarter. Sanctuary Advisors LLC now owns 134,515 shares of the company’s stock worth $5,963,000 after buying an additional 13,350 shares during the last quarter. Finally, Nwam LLC bought a new position in iShares GNMA Bond ETF during the 2nd quarter valued at about $533,000.

iShares GNMA Bond ETF Trading Up 0.2%

Shares of GNMA stock opened at $41.65 on Friday. The company has a 50 day moving average price of $42.98 and a 200-day moving average price of $43.73. iShares GNMA Bond ETF has a 52 week low of $41.31 and a 52 week high of $45.49.

iShares GNMA Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a $0.1662 dividend. This is a boost from iShares GNMA Bond ETF’s previous monthly dividend of $0.1582. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $1.99 dividend on an annualized basis and a yield of 4.8%.

iShares GNMA Bond ETF 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.