Jane Street Group LLC Has $2.26 Million Position in iShares GNMA Bond ETF (NASDAQ:GNMA)

Jane Street Group LLC lowered its position in iShares GNMA Bond ETF (NASDAQ:GNMA) by 22.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 52,548 shares of the company’s stock after selling 14,913 shares during the quarter. Jane Street Group LLC’s holdings in iShares GNMA Bond ETF were worth $2,256,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in GNMA. Park Avenue Securities LLC increased its position in iShares GNMA Bond ETF by 17.9% during the 4th quarter. Park Avenue Securities LLC now owns 36,320 shares of the company’s stock valued at $1,559,000 after purchasing an additional 5,502 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new stake in iShares GNMA Bond ETF during the 4th quarter valued at approximately $669,000. 5T Wealth LLC acquired a new stake in iShares GNMA Bond ETF during the 4th quarter valued at approximately $2,344,000. WBH Advisory Inc. grew its position in shares of iShares GNMA Bond ETF by 96.3% during the 4th quarter. WBH Advisory Inc. now owns 18,129 shares of the company’s stock worth $778,000 after buying an additional 8,892 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in shares of iShares GNMA Bond ETF by 61.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 82,312 shares of the company’s stock worth $3,534,000 after buying an additional 31,215 shares during the period.

iShares GNMA Bond ETF Stock Up 0.5%

Shares of GNMA stock opened at $43.28 on Friday. iShares GNMA Bond ETF has a 52 week low of $42.00 and a 52 week high of $45.69. The firm has a 50 day moving average of $43.52 and a 200-day moving average of $43.36.

iShares GNMA Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were issued a $0.1554 dividend. This is a boost from iShares GNMA Bond ETF’s previous monthly dividend of $0.15. This represents a $1.86 dividend on an annualized basis and a dividend yield of 4.31%. The ex-dividend date of this dividend was Thursday, May 1st.

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.