Kovitz Investment Group Partners LLC Invests $33.39 Million in iShares GNMA Bond ETF (NASDAQ:GNMA)

Kovitz Investment Group Partners LLC acquired a new stake in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 777,724 shares of the company’s stock, valued at approximately $33,388,000. Kovitz Investment Group Partners LLC owned approximately 9.60% of iShares GNMA Bond ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Park Avenue Securities LLC boosted its stake in shares of iShares GNMA Bond ETF by 17.9% during the fourth quarter. Park Avenue Securities LLC now owns 36,320 shares of the company’s stock valued at $1,559,000 after purchasing an additional 5,502 shares in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in iShares GNMA Bond ETF in the 4th quarter valued at approximately $669,000. 5T Wealth LLC bought a new position in shares of iShares GNMA Bond ETF during the fourth quarter valued at $2,344,000. WBH Advisory Inc. raised its stake in shares of iShares GNMA Bond ETF by 96.3% during the fourth quarter. WBH Advisory Inc. now owns 18,129 shares of the company’s stock valued at $778,000 after acquiring an additional 8,892 shares during the last quarter. Finally, Merit Financial Group LLC acquired a new position in shares of iShares GNMA Bond ETF during the fourth quarter worth $725,000.

iShares GNMA Bond ETF Stock Performance

NASDAQ GNMA opened at $43.76 on Friday. iShares GNMA Bond ETF has a twelve month low of $42.00 and a twelve month high of $45.69. The stock has a fifty day simple moving average of $43.57 and a 200 day simple moving average of $43.40.

iShares GNMA Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were paid a $0.1532 dividend. This is a boost from iShares GNMA Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date was Tuesday, April 1st. This represents a $1.84 annualized dividend and a dividend yield of 4.20%.

iShares GNMA Bond ETF 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.