iShares GNMA Bond ETF (NASDAQ:GNMA) Shares Sold by TSA Wealth Managment LLC

TSA Wealth Managment LLC reduced its stake in iShares GNMA Bond ETF (NASDAQ:GNMA) by 5.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 43,469 shares of the company’s stock after selling 2,652 shares during the period. iShares GNMA Bond ETF accounts for approximately 0.8% of TSA Wealth Managment LLC’s holdings, making the stock its 28th biggest position. TSA Wealth Managment LLC owned approximately 0.54% of iShares GNMA Bond ETF worth $1,908,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. South Plains Financial Inc. bought a new stake in shares of iShares GNMA Bond ETF in the 4th quarter worth approximately $30,000. GeoWealth Management LLC raised its holdings in shares of iShares GNMA Bond ETF by 321.3% in the 4th quarter. GeoWealth Management LLC now owns 1,702 shares of the company’s stock worth $73,000 after purchasing an additional 1,298 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in shares of iShares GNMA Bond ETF in the 4th quarter worth approximately $230,000. Commonwealth Equity Services LLC raised its holdings in shares of iShares GNMA Bond ETF by 12.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 5,962 shares of the company’s stock worth $256,000 after purchasing an additional 641 shares in the last quarter. Finally, Fullcircle Wealth LLC raised its holdings in shares of iShares GNMA Bond ETF by 12.1% in the 4th quarter. Fullcircle Wealth LLC now owns 6,771 shares of the company’s stock worth $292,000 after purchasing an additional 729 shares in the last quarter.

iShares GNMA Bond ETF Trading Up 0.3%

NASDAQ GNMA opened at $43.81 on Thursday. The company’s 50 day simple moving average is $43.34 and its 200 day simple moving average is $43.31. iShares GNMA Bond ETF has a 12 month low of $42.00 and a 12 month high of $45.69.

iShares GNMA Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were issued a dividend of $0.1518 per share. The ex-dividend date was Monday, June 2nd. This represents a $1.82 dividend on an annualized basis and a dividend yield of 4.16%.

iShares GNMA Bond ETF Company 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.