TSA Wealth Managment LLC Sells 3,089 Shares of iShares GNMA Bond ETF (NASDAQ:GNMA)

TSA Wealth Managment LLC decreased its holdings in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 6.5% in the 3rd quarter, Holdings Channel reports. The fund owned 44,759 shares of the company’s stock after selling 3,089 shares during the period. iShares GNMA Bond ETF accounts for 0.8% of TSA Wealth Managment LLC’s investment portfolio, making the stock its 21st largest holding. TSA Wealth Managment LLC’s holdings in iShares GNMA Bond ETF were worth $2,005,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. DMC Group LLC increased its holdings in iShares GNMA Bond ETF by 0.8% in the 3rd quarter. DMC Group LLC now owns 34,749 shares of the company’s stock worth $1,556,000 after purchasing an additional 263 shares in the last quarter. Patriot Financial Group Insurance Agency LLC grew its holdings in shares of iShares GNMA Bond ETF by 4.9% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 6,373 shares of the company’s stock worth $274,000 after purchasing an additional 300 shares during the last quarter. CWM LLC increased its stake in shares of iShares GNMA Bond ETF by 402.5% in the second quarter. CWM LLC now owns 990 shares of the company’s stock valued at $43,000 after buying an additional 793 shares during the period. Cypress Wealth Services LLC boosted its position in iShares GNMA Bond ETF by 6.4% during the 2nd quarter. Cypress Wealth Services LLC now owns 19,638 shares of the company’s stock worth $846,000 after buying an additional 1,185 shares during the period. Finally, First National Corp MA ADV lifted its holdings in iShares GNMA Bond ETF by 17.6% during the 3rd quarter. First National Corp MA ADV now owns 9,651 shares of the company’s stock worth $432,000 after buying an additional 1,447 shares during the period.

iShares GNMA Bond ETF Trading Down 0.4 %

NASDAQ:GNMA opened at $43.23 on Friday. iShares GNMA Bond ETF has a twelve month low of $41.91 and a twelve month high of $45.69. The company has a fifty day moving average of $44.18 and a 200-day moving average of $43.73.

iShares GNMA Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.1468 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.76 annualized dividend and a dividend yield of 4.07%.

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.