Perigon Wealth Management LLC Takes $321,000 Position in iShares GNMA Bond ETF (NASDAQ:GNMA)

Perigon Wealth Management LLC acquired a new stake in iShares GNMA Bond ETF (NASDAQ:GNMA) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 7,249 shares of the company’s stock, valued at approximately $321,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Baystate Wealth Management LLC raised its holdings in shares of iShares GNMA Bond ETF by 615.1% in the third quarter. Baystate Wealth Management LLC now owns 665 shares of the company’s stock valued at $28,000 after purchasing an additional 572 shares during the last quarter. Fortitude Family Office LLC acquired a new stake in shares of iShares GNMA Bond ETF in the fourth quarter valued at approximately $37,000. Park Place Capital Corp bought a new position in shares of iShares GNMA Bond ETF in the fourth quarter valued at $38,000. Carmichael Hill & Associates Inc. grew its stake 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 valued at $82,000 after buying an additional 949 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new position in shares of iShares GNMA Bond ETF in the fourth quarter valued at $108,000.

iShares GNMA Bond ETF Price Performance

NASDAQ:GNMA opened at $42.04 on Wednesday. iShares GNMA Bond ETF has a 1-year low of $40.33 and a 1-year high of $44.89. The firm has a fifty day simple moving average of $43.11 and a 200 day simple moving average of $42.85.

iShares GNMA Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a $0.1628 dividend. The ex-dividend date was Monday, April 1st. This represents a $1.95 annualized dividend and a dividend yield of 4.65%.

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.