iShares GNMA Bond ETF (NASDAQ:GNMA) Shares Sold by DMC Group LLC

DMC Group LLC cut its stake in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 3.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 33,713 shares of the company’s stock after selling 1,036 shares during the quarter. iShares GNMA Bond ETF makes up approximately 1.2% of DMC Group LLC’s portfolio, making the stock its 20th biggest position. DMC Group LLC’s holdings in iShares GNMA Bond ETF were worth $1,447,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in GNMA. Foster & Motley Inc. acquired a new position in iShares GNMA Bond ETF during the 4th quarter worth approximately $234,000. Mayflower Financial Advisors LLC grew its stake in shares of iShares GNMA Bond ETF by 7.7% during the fourth quarter. Mayflower Financial Advisors LLC now owns 14,244 shares of the company’s stock worth $611,000 after purchasing an additional 1,020 shares in the last quarter. Patriot Financial Group Insurance Agency LLC increased its holdings in iShares GNMA Bond ETF by 10.5% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 6,982 shares of the company’s stock valued at $300,000 after buying an additional 666 shares during the last quarter. Northland Capital Management LLC raised its stake in iShares GNMA Bond ETF by 4.1% in the fourth quarter. Northland Capital Management LLC now owns 452,078 shares of the company’s stock valued at $19,408,000 after buying an additional 17,933 shares in the last quarter. Finally, CFS Investment Advisory Services LLC lifted its holdings in iShares GNMA Bond ETF by 32.7% during the 4th quarter. CFS Investment Advisory Services LLC now owns 33,603 shares of the company’s stock worth $1,443,000 after buying an additional 8,275 shares during the last quarter.

iShares GNMA Bond ETF Price Performance

Shares of NASDAQ GNMA opened at $43.21 on Thursday. The stock’s 50-day simple moving average is $43.15 and its 200-day simple moving average is $43.80. iShares GNMA Bond ETF has a fifty-two week low of $41.91 and a fifty-two week high of $45.69.

iShares GNMA Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.1487 per share. This represents a $1.78 annualized dividend and a dividend yield of 4.13%. The ex-dividend date of this dividend was Wednesday, December 18th. This is an increase from iShares GNMA Bond ETF’s previous monthly dividend of $0.15.

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.