iShares GNMA Bond ETF (NASDAQ:GNMA) Stake Cut by Bigelow Investment Advisors LLC

Bigelow Investment Advisors LLC cut its position in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 8.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 65,490 shares of the company’s stock after selling 5,688 shares during the quarter. iShares GNMA Bond ETF accounts for about 1.6% of Bigelow Investment Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Bigelow Investment Advisors LLC owned about 0.71% of iShares GNMA Bond ETF worth $2,898,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in GNMA. 3EDGE Asset Management LP bought a new stake in shares of iShares GNMA Bond ETF during the fourth quarter valued at about $50,977,000. JPMorgan Chase & Co. raised its stake in shares of iShares GNMA Bond ETF by 12,358.3% during the third quarter. JPMorgan Chase & Co. now owns 456,970 shares of the company’s stock valued at $19,092,000 after purchasing an additional 453,302 shares in the last quarter. Northland Capital Management LLC bought a new stake in shares of iShares GNMA Bond ETF during the fourth quarter valued at about $18,077,000. Jane Street Group LLC raised its stake in shares of iShares GNMA Bond ETF by 177.1% during the first quarter. Jane Street Group LLC now owns 474,391 shares of the company’s stock valued at $22,638,000 after purchasing an additional 303,178 shares in the last quarter. Finally, FFG Retirement Advisors LLC bought a new stake in shares of iShares GNMA Bond ETF during the fourth quarter valued at about $6,748,000.

iShares GNMA Bond ETF Price Performance

NASDAQ:GNMA traded up $0.06 during mid-day trading on Friday, reaching $42.22. 31,177 shares of the stock were exchanged, compared to its average volume of 66,505. The business has a fifty day moving average price of $43.06 and a 200 day moving average price of $42.84. iShares GNMA Bond ETF has a 1-year low of $40.33 and a 1-year high of $44.89.

iShares GNMA Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.1628 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $1.95 annualized dividend and a yield of 4.63%.

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.