iShares GNMA Bond ETF (NASDAQ:GNMA) Holdings Decreased by Raymond James & Associates

Raymond James & Associates reduced its position in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 13.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,782 shares of the company’s stock after selling 1,777 shares during the period. Raymond James & Associates owned about 0.13% of iShares GNMA Bond ETF worth $521,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. FFG Retirement Advisors LLC bought a new position in shares of iShares GNMA Bond ETF during the fourth quarter valued at approximately $6,748,000. Payden & Rygel Investment Group acquired a new stake in iShares GNMA Bond ETF in the third quarter worth $190,000. Raymond James Financial Services Advisors Inc. increased its position in iShares GNMA Bond ETF by 270.7% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 149,606 shares of the company’s stock worth $6,251,000 after buying an additional 109,248 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new position in shares of iShares GNMA Bond ETF during the third quarter valued at $382,000. Finally, Investors Research Corp boosted its holdings in shares of iShares GNMA Bond ETF by 8.0% during the third quarter. Investors Research Corp now owns 4,698 shares of the company’s stock valued at $196,000 after acquiring an additional 346 shares during the period.

iShares GNMA Bond ETF Stock Up 0.3 %

GNMA stock opened at $42.24 on Friday. The firm’s 50-day simple moving average is $42.96 and its 200 day simple moving average is $42.88. iShares GNMA Bond ETF has a fifty-two week low of $40.33 and a fifty-two week high of $44.89.

iShares GNMA Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.1628 per share. The ex-dividend date was Monday, April 1st. This represents a $1.95 dividend on an annualized basis and a dividend yield of 4.62%.

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.