Focus Financial Network Inc. Has $1.81 Million Stock Position in iShares GNMA Bond ETF (NASDAQ:GNMA)

Focus Financial Network Inc. lifted its holdings in iShares GNMA Bond ETF (NASDAQ:GNMA) by 16.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 42,061 shares of the company’s stock after purchasing an additional 5,996 shares during the period. Focus Financial Network Inc. owned 0.52% of iShares GNMA Bond ETF worth $1,806,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Mather Group LLC. bought a new stake in shares of iShares GNMA Bond ETF during the 4th quarter worth $37,000. Foster & Motley Inc. bought a new stake in iShares GNMA Bond ETF during the fourth quarter valued at about $234,000. Quotient Wealth Partners LLC bought a new stake in iShares GNMA Bond ETF during the fourth quarter valued at about $235,000. Stratos Wealth Advisors LLC acquired a new stake in shares of iShares GNMA Bond ETF in the fourth quarter valued at about $241,000. Finally, Patriot Financial Group Insurance Agency LLC increased its stake in shares of iShares GNMA Bond ETF by 10.5% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 6,982 shares of the company’s stock worth $300,000 after purchasing an additional 666 shares during the period.

iShares GNMA Bond ETF Stock Performance

Shares of NASDAQ:GNMA opened at $43.12 on Wednesday. The business has a 50 day moving average price of $43.06 and a 200 day moving average price of $43.78. iShares GNMA Bond ETF has a twelve month low of $41.91 and a twelve month high of $45.69.

iShares GNMA Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.1566 dividend. This is an increase from iShares GNMA Bond ETF’s previous dividend of $0.14. The ex-dividend date was Monday, February 3rd.

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.