Portland Global Advisors LLC Has $16.97 Million Position in iShares GNMA Bond ETF $GNMA

Portland Global Advisors LLC grew its holdings in iShares GNMA Bond ETF (NASDAQ:GNMA) by 3.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 380,968 shares of the company’s stock after purchasing an additional 11,556 shares during the quarter. iShares GNMA Bond ETF comprises 1.8% of Portland Global Advisors LLC’s portfolio, making the stock its 18th biggest holding. Portland Global Advisors LLC owned approximately 4.28% of iShares GNMA Bond ETF worth $16,968,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Global Retirement Partners LLC grew its position in shares of iShares GNMA Bond ETF by 7.9% in the fourth quarter. Global Retirement Partners LLC now owns 6,471 shares of the company’s stock valued at $288,000 after purchasing an additional 474 shares during the last quarter. Creative Financial Designs Inc. ADV grew its position in shares of iShares GNMA Bond ETF by 83.2% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,142 shares of the company’s stock valued at $95,000 after purchasing an additional 973 shares during the last quarter. Farmers & Merchants Investments Inc. grew its position in shares of iShares GNMA Bond ETF by 12.4% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 299,939 shares of the company’s stock valued at $13,359,000 after purchasing an additional 33,004 shares during the last quarter. Ashton Thomas Private Wealth LLC grew its position in shares of iShares GNMA Bond ETF by 11.5% in 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 during the last quarter. Finally, UBS Group AG grew its position in shares of iShares GNMA Bond ETF by 5.5% in 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 during the last quarter.

iShares GNMA Bond ETF Stock Down 0.2%

Shares of NASDAQ:GNMA opened at $44.28 on Friday. iShares GNMA Bond ETF has a 52-week low of $42.97 and a 52-week high of $45.49. The stock’s 50-day moving average is $44.29 and its 200-day moving average is $44.53.

iShares GNMA Bond ETF Announces Dividend

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

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.