Dentgroup LLC Sells 234 Shares of iShares GNMA Bond ETF (NASDAQ:GNMA)

Dentgroup LLC lowered its stake in iShares GNMA Bond ETF (NASDAQ:GNMA) by 4.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,687 shares of the company’s stock after selling 234 shares during the quarter. Dentgroup LLC owned about 0.07% of iShares GNMA Bond ETF worth $201,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in GNMA. First National Corp MA ADV boosted its stake in iShares GNMA Bond ETF by 17.6% in the 3rd quarter. First National Corp MA ADV now owns 9,651 shares of the company’s stock worth $432,000 after purchasing an additional 1,447 shares during the period. Advisors Asset Management Inc. grew its holdings in shares of iShares GNMA Bond ETF by 54.3% during the third quarter. Advisors Asset Management Inc. now owns 11,481 shares of the company’s stock worth $514,000 after buying an additional 4,040 shares in the last quarter. MML Investors Services LLC raised its position in iShares GNMA Bond ETF by 27.5% in the 3rd quarter. MML Investors Services LLC now owns 15,698 shares of the company’s stock valued at $703,000 after buying an additional 3,390 shares during the last quarter. FFG Retirement Advisors LLC boosted its position in iShares GNMA Bond ETF by 12.4% during the 3rd quarter. FFG Retirement Advisors LLC now owns 16,972 shares of the company’s stock worth $760,000 after acquiring an additional 1,870 shares during the last quarter. Finally, Arbor Trust Wealth Advisors LLC grew its stake in shares of iShares GNMA Bond ETF by 67.9% during the 2nd quarter. Arbor Trust Wealth Advisors LLC now owns 17,488 shares of the company’s stock worth $753,000 after acquiring an additional 7,073 shares in the last quarter.

iShares GNMA Bond ETF Price Performance

Shares of NASDAQ GNMA remained flat at $42.85 during midday trading on Friday. 19,109 shares of the stock were exchanged, compared to its average volume of 29,278. The stock has a fifty day simple moving average of $43.39 and a 200 day simple moving average of $43.85. iShares GNMA Bond ETF has a 12 month low of $41.91 and a 12 month high of $45.69.

iShares GNMA Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.1487 dividend. This is an increase from iShares GNMA Bond ETF’s previous monthly dividend of $0.15. This represents a $1.78 annualized dividend and a yield of 4.16%. The ex-dividend date was Wednesday, December 18th.

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.