Northland Capital Management LLC Buys 17,933 Shares of iShares GNMA Bond ETF (NASDAQ:GNMA)

Northland Capital Management LLC increased its stake in iShares GNMA Bond ETF (NASDAQ:GNMA) by 4.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 452,078 shares of the company’s stock after acquiring an additional 17,933 shares during the quarter. iShares GNMA Bond ETF makes up about 14.4% of Northland Capital Management LLC’s portfolio, making the stock its biggest holding. Northland Capital Management LLC owned 0.06% of iShares GNMA Bond ETF worth $19,408,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. CFS Investment Advisory Services LLC lifted its position in shares of iShares GNMA Bond ETF by 32.7% in the fourth quarter. CFS Investment Advisory Services LLC now owns 33,603 shares of the company’s stock valued at $1,443,000 after acquiring an additional 8,275 shares in the last quarter. McGuire Investment Group LLC raised its stake in iShares GNMA Bond ETF by 0.7% in the 4th quarter. McGuire Investment Group LLC now owns 132,822 shares of the company’s stock valued at $5,702,000 after purchasing an additional 976 shares during the last quarter. Bartlett & CO. Wealth Management LLC lifted its holdings in iShares GNMA Bond ETF by 79.1% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 16,125 shares of the company’s stock valued at $692,000 after purchasing an additional 7,120 shares in the last quarter. Planned Solutions Inc. boosted its stake in iShares GNMA Bond ETF by 4.3% during the 4th quarter. Planned Solutions Inc. now owns 18,081 shares of the company’s stock worth $776,000 after purchasing an additional 746 shares during the last quarter. Finally, LifePlan Financial LLC grew its holdings in shares of iShares GNMA Bond ETF by 1.0% during the fourth quarter. LifePlan Financial LLC now owns 45,990 shares of the company’s stock worth $1,974,000 after buying an additional 456 shares in the last quarter.

iShares GNMA Bond ETF Price Performance

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

iShares GNMA Bond ETF Increases Dividend

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

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.