Prosperity Planning Inc. Buys 15,002 Shares of iShares GNMA Bond ETF (NASDAQ:GNMA)

Prosperity Planning Inc. lifted its stake in iShares GNMA Bond ETF (NASDAQ:GNMA) by 6.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 240,650 shares of the company’s stock after purchasing an additional 15,002 shares during the period. iShares GNMA Bond ETF accounts for 3.3% of Prosperity Planning Inc.’s portfolio, making the stock its 9th largest position. Prosperity Planning Inc. owned 3.05% of iShares GNMA Bond ETF worth $10,331,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Sanctuary Advisors LLC acquired a new stake in shares of iShares GNMA Bond ETF in the 2nd quarter valued at $5,161,000. Eastern Bank acquired a new stake in iShares GNMA Bond ETF in the third quarter worth about $4,208,000. Wooster Corthell Wealth Management Inc. increased its position in iShares GNMA Bond ETF by 164.2% in the third quarter. Wooster Corthell Wealth Management Inc. now owns 60,972 shares of the company’s stock worth $2,731,000 after purchasing an additional 37,895 shares during the period. Farmers & Merchants Investments Inc. raised its holdings in iShares GNMA Bond ETF by 14.7% during the 3rd quarter. Farmers & Merchants Investments Inc. now owns 183,335 shares of the company’s stock worth $8,212,000 after purchasing an additional 23,508 shares during the last quarter. Finally, Merit Financial Group LLC acquired a new position in iShares GNMA Bond ETF during the 4th quarter valued at about $725,000.

iShares GNMA Bond ETF Trading Down 0.2 %

Shares of NASDAQ:GNMA opened at $42.91 on Tuesday. The company has a 50 day moving average of $43.18 and a 200-day moving average of $43.82. iShares GNMA Bond ETF has a one year low of $41.91 and a one 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. Shareholders of record on Wednesday, December 18th were given a dividend of $0.1487 per share. This is a boost from iShares GNMA Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $1.78 annualized dividend and a dividend yield of 4.16%.

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.