iShares GNMA Bond ETF (NASDAQ:GNMA) Shares Bought by Northland Capital Management LLC

Northland Capital Management LLC raised its position in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 4.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 452,078 shares of the company’s stock after purchasing an additional 17,933 shares during the quarter. iShares GNMA Bond ETF accounts for 14.4% of Northland Capital Management LLC’s portfolio, making the stock its largest position. Northland Capital Management LLC owned approximately 5.58% of iShares GNMA Bond ETF worth $19,408,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Sanctuary Advisors LLC purchased a new stake in iShares GNMA Bond ETF in the second quarter valued at $5,161,000. Eastern Bank acquired a new stake in iShares GNMA Bond ETF during the third quarter worth about $4,208,000. Wooster Corthell Wealth Management Inc. raised its position in iShares GNMA Bond ETF by 164.2% during the third quarter. Wooster Corthell Wealth Management Inc. now owns 60,972 shares of the company’s stock valued at $2,731,000 after acquiring an additional 37,895 shares in the last quarter. Farmers & Merchants Investments Inc. lifted its holdings in iShares GNMA Bond ETF by 14.7% in the third quarter. Farmers & Merchants Investments Inc. now owns 183,335 shares of the company’s stock valued at $8,212,000 after acquiring an additional 23,508 shares during the period. Finally, Merit Financial Group LLC purchased a new stake in iShares GNMA Bond ETF in the 4th quarter worth approximately $725,000.

iShares GNMA Bond ETF Stock Down 0.0 %

NASDAQ:GNMA opened at $42.88 on Monday. The company has a 50 day moving average price of $43.15 and a 200-day moving average price of $43.81. iShares GNMA Bond ETF has a 1-year low of $41.91 and a 1-year high of $45.69.

iShares GNMA Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.1487 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares GNMA Bond ETF’s previous monthly dividend of $0.15. This represents a $1.78 dividend on an annualized basis and a dividend yield of 4.16%.

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.