iShares GNMA Bond ETF (NASDAQ:GNMA) Position Trimmed by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. decreased its holdings in iShares GNMA Bond ETF (NASDAQ:GNMAFree Report) by 2.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 145,656 shares of the company’s stock after selling 3,950 shares during the period. Raymond James Financial Services Advisors Inc. owned about 1.56% of iShares GNMA Bond ETF worth $6,445,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in GNMA. Fortitude Family Office LLC acquired a new position in iShares GNMA Bond ETF in the 4th quarter valued at approximately $37,000. FFG Retirement Advisors LLC bought a new stake in iShares GNMA Bond ETF during the fourth quarter worth approximately $6,748,000. Ausdal Financial Partners Inc. acquired a new position in iShares GNMA Bond ETF in the 4th quarter valued at $205,000. Cypress Wealth Services LLC grew its position in shares of iShares GNMA Bond ETF by 168.1% in the fourth quarter. Cypress Wealth Services LLC now owns 18,197 shares of the company’s stock valued at $805,000 after purchasing an additional 11,409 shares during the last quarter. Finally, Baker Tilly Wealth Management LLC acquired a new stake in iShares GNMA Bond ETF in the 4th quarter valued at approximately $683,000.

iShares GNMA Bond ETF Stock Down 0.0 %

Shares of GNMA stock opened at $42.97 on Thursday. The firm’s fifty day simple moving average is $43.31 and its 200 day simple moving average is $42.82. iShares GNMA Bond ETF has a 1 year low of $40.33 and a 1 year high of $45.06.

iShares GNMA Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, April 5th. Investors of record on Tuesday, April 2nd will be paid a dividend of $0.1628 per share. The ex-dividend date of this dividend is Monday, April 1st. This represents a $1.95 annualized dividend and a yield of 4.55%.

iShares GNMA Bond ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for iShares GNMA Bond ETF (NASDAQ:GNMA)

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