iShares GNMA Bond ETF $GNMA Stock Holdings Lowered by Argent Advisors Inc.

Argent Advisors Inc. lowered its position in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 59.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 9,066 shares of the company’s stock after selling 13,383 shares during the period. Argent Advisors Inc.’s holdings in iShares GNMA Bond ETF were worth $404,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Avise Financial Cooperative Inc. bought a new position in shares of iShares GNMA Bond ETF during the fourth quarter worth about $3,862,000. Portland Global Advisors LLC grew its position in shares of iShares GNMA Bond ETF by 3.1% during the fourth quarter. Portland Global Advisors LLC now owns 380,968 shares of the company’s stock worth $16,968,000 after acquiring an additional 11,556 shares during the last quarter. Global Retirement Partners LLC grew its position in shares of iShares GNMA Bond ETF by 7.9% during the fourth quarter. Global Retirement Partners LLC now owns 6,471 shares of the company’s stock worth $288,000 after acquiring an additional 474 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its holdings in iShares GNMA Bond ETF by 83.2% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,142 shares of the company’s stock worth $95,000 after purchasing an additional 973 shares during the period. Finally, Farmers & Merchants Investments Inc. lifted its holdings in iShares GNMA Bond ETF by 12.4% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 299,939 shares of the company’s stock worth $13,359,000 after purchasing an additional 33,004 shares during the period.

iShares GNMA Bond ETF Stock Up 0.1%

GNMA stock opened at $44.07 on Friday. The company has a 50-day simple moving average of $44.28 and a 200 day simple moving average of $44.52. iShares GNMA Bond ETF has a fifty-two week low of $42.97 and a fifty-two week high of $45.49.

iShares GNMA Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.1536 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.2%.

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.