Planned Solutions Inc. Takes $747,000 Position in iShares GNMA Bond ETF (NASDAQ:GNMA)

Planned Solutions Inc. bought a new stake in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 16,887 shares of the company’s stock, valued at approximately $747,000. Planned Solutions Inc. owned 0.18% of iShares GNMA Bond ETF as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of GNMA. Myecfo LLC boosted its holdings in iShares GNMA Bond ETF by 3.2% in the 4th quarter. Myecfo LLC now owns 49,635 shares of the company’s stock worth $2,198,000 after buying an additional 1,520 shares during the last quarter. 3EDGE Asset Management LP purchased a new position in iShares GNMA Bond ETF in the 4th quarter worth approximately $50,977,000. Portside Wealth Group LLC purchased a new position in iShares GNMA Bond ETF in the 4th quarter worth approximately $2,211,000. Fortitude Family Office LLC purchased a new stake in shares of iShares GNMA Bond ETF during the 4th quarter valued at approximately $37,000. Finally, FFG Retirement Advisors LLC purchased a new stake in shares of iShares GNMA Bond ETF during the 4th quarter valued at approximately $6,748,000.

iShares GNMA Bond ETF Stock Up 0.2 %

GNMA stock opened at $43.52 on Thursday. iShares GNMA Bond ETF has a one year low of $40.33 and a one year high of $45.06. The firm’s 50 day moving average price is $43.34 and its 200-day moving average price is $42.81.

iShares GNMA Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, March 4th were given a $0.1453 dividend. This represents a $1.74 dividend on an annualized basis and a yield of 4.01%. The ex-dividend date of this dividend was Friday, March 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.