Bigelow Investment Advisors LLC Has $2.90 Million Stock Holdings in iShares GNMA Bond ETF (NASDAQ:GNMA)

Bigelow Investment Advisors LLC lessened its position in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 8.0% during the 4th quarter, HoldingsChannel reports. The fund owned 65,490 shares of the company’s stock after selling 5,688 shares during the quarter. iShares GNMA Bond ETF accounts for about 1.6% of Bigelow Investment Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Bigelow Investment Advisors LLC’s holdings in iShares GNMA Bond ETF were worth $2,898,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Baystate Wealth Management LLC lifted its stake in shares of iShares GNMA Bond ETF by 615.1% during the third quarter. Baystate Wealth Management LLC now owns 665 shares of the company’s stock valued at $28,000 after acquiring an additional 572 shares during the period. Fortitude Family Office LLC acquired a new position in iShares GNMA Bond ETF in the fourth quarter valued at about $37,000. Park Place Capital Corp bought a new stake in shares of iShares GNMA Bond ETF in the fourth quarter worth about $38,000. Carmichael Hill & Associates Inc. increased its holdings in shares of iShares GNMA Bond ETF by 106.0% in the fourth quarter. Carmichael Hill & Associates Inc. now owns 1,844 shares of the company’s stock worth $82,000 after acquiring an additional 949 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of iShares GNMA Bond ETF in the fourth quarter worth about $108,000.

iShares GNMA Bond ETF Stock Up 0.1 %

Shares of iShares GNMA Bond ETF stock traded up $0.06 during trading hours on Friday, hitting $42.22. The company’s stock had a trading volume of 31,177 shares, compared to its average volume of 66,505. iShares GNMA Bond ETF has a 12 month low of $40.33 and a 12 month high of $44.89. The stock has a 50 day moving average of $43.06 and a 200 day moving average of $42.84.

iShares GNMA Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a $0.1628 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $1.95 annualized dividend and a dividend yield of 4.63%.

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.