Myecfo LLC Sells 6,130 Shares of iShares GNMA Bond ETF (NASDAQ:GNMA)

Myecfo LLC trimmed its holdings in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 10.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 50,960 shares of the company’s stock after selling 6,130 shares during the quarter. iShares GNMA Bond ETF accounts for approximately 1.2% of Myecfo LLC’s investment portfolio, making the stock its 17th largest holding. Myecfo LLC owned approximately 0.65% of iShares GNMA Bond ETF worth $2,188,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Sanctuary Advisors LLC bought a new stake in iShares GNMA Bond ETF during the 2nd quarter valued at $5,161,000. Eastern Bank purchased a new position in iShares GNMA Bond ETF during the 3rd quarter valued at about $4,208,000. Wooster Corthell Wealth Management Inc. increased its position in iShares GNMA Bond ETF by 164.2% during the 3rd quarter. Wooster Corthell Wealth Management Inc. now owns 60,972 shares of the company’s stock valued at $2,731,000 after purchasing an additional 37,895 shares during the period. Farmers & Merchants Investments Inc. raised its holdings in shares of iShares GNMA Bond ETF by 14.7% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 183,335 shares of the company’s stock valued at $8,212,000 after purchasing an additional 23,508 shares in the last quarter. Finally, Focus Financial Network Inc. lifted its position in shares of iShares GNMA Bond ETF by 48.7% in the 3rd quarter. Focus Financial Network Inc. now owns 36,065 shares of the company’s stock worth $1,615,000 after purchasing an additional 11,816 shares during the period.

iShares GNMA Bond ETF Price Performance

Shares of GNMA stock opened at $42.17 on Tuesday. iShares GNMA Bond ETF has a 52-week low of $41.91 and a 52-week high of $45.69. The company’s 50 day moving average is $43.28 and its 200 day moving average is $43.83.

iShares GNMA Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.1487 dividend. This represents a $1.78 annualized dividend and a dividend yield of 4.23%. This is a positive change from iShares GNMA Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date was Wednesday, December 18th.

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.