Beacon Financial Group Buys 701 Shares of iShares GNMA Bond ETF (NASDAQ:GNMA)

Beacon Financial Group increased its position in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 7.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,054 shares of the company’s stock after purchasing an additional 701 shares during the quarter. Beacon Financial Group owned 0.12% of iShares GNMA Bond ETF worth $432,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of GNMA. Focus Financial Network Inc. raised its position in iShares GNMA Bond ETF by 16.6% during the fourth quarter. Focus Financial Network Inc. now owns 42,061 shares of the company’s stock valued at $1,806,000 after purchasing an additional 5,996 shares in the last quarter. Quotient Wealth Partners LLC bought a new position in shares of iShares GNMA Bond ETF in the 4th quarter valued at $235,000. Farmers & Merchants Investments Inc. raised its holdings in shares of iShares GNMA Bond ETF by 18.6% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 217,347 shares of the company’s stock worth $9,331,000 after buying an additional 34,012 shares in the last quarter. Keystone Financial Group Inc. bought a new stake in shares of iShares GNMA Bond ETF during the 4th quarter worth $676,000. Finally, Stratos Wealth Advisors LLC bought a new stake in shares of iShares GNMA Bond ETF during the 4th quarter worth $241,000.

iShares GNMA Bond ETF Trading Down 0.3 %

iShares GNMA Bond ETF stock opened at $42.97 on Thursday. iShares GNMA Bond ETF has a 12-month low of $41.91 and a 12-month high of $45.69. The business’s 50-day moving average price is $43.05 and its two-hundred day moving average price is $43.77.

iShares GNMA Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.1566 per share. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares GNMA Bond ETF’s previous dividend of $0.14.

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.