Farmers & Merchants Investments Inc. Buys 33,004 Shares of iShares GNMA Bond ETF $GNMA

Farmers & Merchants Investments Inc. increased its stake in iShares GNMA Bond ETF (NASDAQ:GNMA) by 12.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 299,939 shares of the company’s stock after buying an additional 33,004 shares during the period. Farmers & Merchants Investments Inc. owned 3.37% of iShares GNMA Bond ETF worth $13,359,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Ashton Thomas Private Wealth LLC increased its stake in shares of iShares GNMA Bond ETF by 11.5% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 9,208 shares of the company’s stock valued at $410,000 after purchasing an additional 951 shares in the last quarter. UBS Group AG increased its stake in shares of iShares GNMA Bond ETF by 5.5% during the fourth quarter. UBS Group AG now owns 84,624 shares of the company’s stock valued at $3,769,000 after purchasing an additional 4,444 shares in the last quarter. McGuire Investment Group LLC increased its stake in shares of iShares GNMA Bond ETF by 11.5% during the fourth quarter. McGuire Investment Group LLC now owns 174,950 shares of the company’s stock valued at $7,792,000 after purchasing an additional 18,007 shares in the last quarter. Guidance Capital Inc. bought a new position in shares of iShares GNMA Bond ETF during the fourth quarter valued at approximately $736,000. Finally, Bartlett & CO. Wealth Management LLC lifted its position in iShares GNMA Bond ETF by 31.5% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 23,136 shares of the company’s stock valued at $1,030,000 after acquiring an additional 5,547 shares in the last quarter.

iShares GNMA Bond ETF Stock Performance

Shares of NASDAQ GNMA opened at $44.51 on Friday. The firm’s 50-day moving average price is $44.52 and its 200-day moving average price is $44.60. iShares GNMA Bond ETF has a 12-month low of $42.72 and a 12-month high of $45.49.

iShares GNMA Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a dividend of $0.1554 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Friday, May 1st.

About iShares GNMA Bond ETF

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.