Dentgroup LLC Has $201,000 Stock Position in iShares GNMA Bond ETF (NASDAQ:GNMA)

Dentgroup LLC cut its stake in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 4.8% in the 4th quarter, HoldingsChannel reports. The fund owned 4,687 shares of the company’s stock after selling 234 shares during the quarter. Dentgroup LLC’s holdings in iShares GNMA Bond ETF were worth $201,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in GNMA. First National Corp MA ADV boosted its stake in iShares GNMA Bond ETF by 17.6% in the 3rd quarter. First National Corp MA ADV now owns 9,651 shares of the company’s stock valued at $432,000 after purchasing an additional 1,447 shares during the period. Advisors Asset Management Inc. lifted its holdings in shares of iShares GNMA Bond ETF by 54.3% during the third quarter. Advisors Asset Management Inc. now owns 11,481 shares of the company’s stock worth $514,000 after buying an additional 4,040 shares in the last quarter. MML Investors Services LLC boosted its position in shares of iShares GNMA Bond ETF by 27.5% in the third quarter. MML Investors Services LLC now owns 15,698 shares of the company’s stock valued at $703,000 after acquiring an additional 3,390 shares during the period. FFG Retirement Advisors LLC grew its stake in shares of iShares GNMA Bond ETF by 12.4% in the third quarter. FFG Retirement Advisors LLC now owns 16,972 shares of the company’s stock valued at $760,000 after acquiring an additional 1,870 shares in the last quarter. Finally, Arbor Trust Wealth Advisors LLC increased its position in iShares GNMA Bond ETF by 67.9% during the second quarter. Arbor Trust Wealth Advisors LLC now owns 17,488 shares of the company’s stock worth $753,000 after acquiring an additional 7,073 shares during the period.

iShares GNMA Bond ETF Price Performance

iShares GNMA Bond ETF stock remained flat at $42.85 during midday trading on Friday. 19,109 shares of the company’s stock traded hands, compared to its average volume of 29,278. iShares GNMA Bond ETF has a twelve month low of $41.91 and a twelve month high of $45.69. The company has a fifty day simple moving average of $43.39 and a 200-day simple moving average of $43.85.

iShares GNMA Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.1487 per share. This represents a $1.78 dividend on an annualized basis and a yield of 4.16%. The ex-dividend date of this dividend was Wednesday, December 18th. This is a positive change from iShares GNMA Bond ETF’s previous monthly dividend of $0.15.

About iShares GNMA Bond ETF

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.