Farmers & Merchants Investments Inc. Acquires 34,012 Shares of iShares GNMA Bond ETF (NASDAQ:GNMA)

Farmers & Merchants Investments Inc. increased its holdings in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 18.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 217,347 shares of the company’s stock after buying an additional 34,012 shares during the quarter. Farmers & Merchants Investments Inc. owned 2.68% of iShares GNMA Bond ETF worth $9,331,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Mather Group LLC. acquired a new position in shares of iShares GNMA Bond ETF during the fourth quarter worth $37,000. Foster & Motley Inc. bought a new stake in iShares GNMA Bond ETF during the 4th quarter worth $234,000. Stratos Wealth Advisors LLC acquired a new position in iShares GNMA Bond ETF in the 4th quarter worth about $241,000. Patriot Financial Group Insurance Agency LLC raised its position in iShares GNMA Bond ETF by 10.5% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 6,982 shares of the company’s stock valued at $300,000 after purchasing an additional 666 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its stake in shares of iShares GNMA Bond ETF by 54.3% during the third quarter. Advisors Asset Management Inc. now owns 11,481 shares of the company’s stock valued at $514,000 after purchasing an additional 4,040 shares in the last quarter.

iShares GNMA Bond ETF Stock Performance

NASDAQ:GNMA opened at $43.22 on Friday. The stock’s 50-day moving average is $43.10 and its 200-day moving average is $43.78. 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 declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.1566 dividend. This is a boost from iShares GNMA Bond ETF’s previous dividend of $0.14. The ex-dividend date was Monday, February 3rd.

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.