Keystone Financial Group Inc. Invests $676,000 in iShares GNMA Bond ETF (NASDAQ:GNMA)

Keystone Financial Group Inc. acquired a new position in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 15,745 shares of the company’s stock, valued at approximately $676,000. Keystone Financial Group Inc. owned approximately 0.19% of iShares GNMA Bond ETF at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Stratos Wealth Advisors LLC bought a new stake in shares of iShares GNMA Bond ETF during the fourth quarter valued at approximately $241,000. Mather Group LLC. bought a new stake in shares of iShares GNMA Bond ETF during the fourth quarter valued at approximately $37,000. Horst & Graben Wealth Management LLC grew its stake in shares of iShares GNMA Bond ETF by 9.1% during the fourth quarter. Horst & Graben Wealth Management LLC now owns 64,311 shares of the company’s stock valued at $2,761,000 after purchasing an additional 5,363 shares during the last quarter. Foster & Motley Inc. bought a new stake in shares of iShares GNMA Bond ETF during the fourth quarter valued at approximately $234,000. Finally, Mayflower Financial Advisors LLC grew its stake in shares of iShares GNMA Bond ETF by 7.7% during the fourth quarter. Mayflower Financial Advisors LLC now owns 14,244 shares of the company’s stock valued at $611,000 after purchasing an additional 1,020 shares during the last quarter.

iShares GNMA Bond ETF Price Performance

GNMA opened at $43.32 on Friday. iShares GNMA Bond ETF has a one year low of $41.91 and a one year high of $45.69. The company’s 50 day simple moving average is $43.10 and its 200-day simple moving average is $43.78.

iShares GNMA Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.1566 per share. This is a boost 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.