iShares GNMA Bond ETF (NASDAQ:GNMA) Shares Sold by StoneX Group Inc.

StoneX Group Inc. lessened its stake in iShares GNMA Bond ETF (NASDAQ:GNMA) by 8.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,302 shares of the company’s stock after selling 1,980 shares during the period. StoneX Group Inc.’s holdings in iShares GNMA Bond ETF were worth $914,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in GNMA. Portland Global Advisors LLC grew its position in shares of iShares GNMA Bond ETF by 154.9% during the 4th quarter. Portland Global Advisors LLC now owns 364,378 shares of the company’s stock valued at $15,643,000 after acquiring an additional 221,405 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new position in iShares GNMA Bond ETF during the fourth quarter worth approximately $669,000. Commonwealth Equity Services LLC grew its holdings in iShares GNMA Bond ETF by 12.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 5,962 shares of the company’s stock valued at $256,000 after purchasing an additional 641 shares during the period. Pillar Financial Advisors LLC purchased a new stake in shares of iShares GNMA Bond ETF in the fourth quarter valued at approximately $534,000. Finally, Ashton Thomas Private Wealth LLC acquired a new position in shares of iShares GNMA Bond ETF during the 4th quarter worth approximately $230,000.

iShares GNMA Bond ETF Trading Down 0.1 %

Shares of NASDAQ:GNMA opened at $43.79 on Thursday. The business’s 50 day moving average price is $43.48 and its 200-day moving average price is $43.56. iShares GNMA Bond ETF has a 1 year low of $41.91 and a 1 year high of $45.69.

iShares GNMA Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st will be given a $0.1532 dividend. This is a positive change from iShares GNMA Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $1.84 annualized dividend and a dividend yield of 4.20%.

iShares GNMA Bond ETF 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.