Massmutual Trust Co. FSB ADV raised its position in iShares GNMA Bond ETF (NASDAQ:GNMA – Get Rating) by 28.3% during the fourth quarter, according to the company in its latest Form 13F filing with the Securities and Exchange Commission . The institutional investor held 16,450 shares of the company after purchasing an additional 3,630 shares during the quarter. Massmutual Trust Co. FSB ADV held approximately 0.14% of iShares GNMA Bond ETF worth $716,000 at the end of the last quarter.
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A number of other institutional investors and hedge funds have also recently changed their holdings in GNMA. Jane Street Group LLC increased its stake in iShares GNMA Bond ETF by 177.1% in the first quarter. Jane Street Group LLC now owns 474,391 shares of the company valued at $22,638,000 after purchasing an additional 303,178 shares in the last quarter. Financial Engines Advisors LLC increased its stake in iShares GNMA Bond ETF shares by 101.1% during the second quarter. Financial Engines Advisors LLC now owns 246,596 shares of the company worth $11,229,000 after acquiring an additional 123,951 shares in the last quarter. BlackRock Inc. purchased a new stock position of iShares GNMA Bond ETF during the first quarter for a value of approximately $4,334,000. Goldman Sachs Group Inc. increased its stake in iShares GNMA Bond ETF shares by 22.1% during the first quarter. Goldman Sachs Group Inc. now owns 214,049 shares of the company worth $10,214,000 after acquiring 38,673 additional shares last quarter. Finally, Windward Private Wealth Management Inc. increased its equity stake in iShares GNMA Bond ETF by 105.6% during the third quarter. Windward Private Wealth Management Inc. now owns 58,193 shares of the company worth $2,503,000 after acquiring 29,887 additional shares in the last quarter.
Performance of iShares GNMA Bond ETFs
Shares of iShares GNMA Bond ETF opened at $44.58 on Friday. iShares GNMA Bond ETF has a 52-week low of $41.56 and a 52-week high of $48.14. The company’s 50-day moving average price is $44.30 and its 200-day moving average price is $43.86.
iShares GNMA Bond ETF cuts dividends
The company also recently announced a monthly dividend, which was paid on Tuesday, March 7. Shareholders of record on Thursday, March 2 received a dividend of $0.121. This represents an annualized dividend of $1.45 and a dividend yield of 3.26%. The ex-dividend date was Wednesday, March 1.
About the iShares GNMA Bond ETF
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The iShares GNMA Bond ETF (GNMA) is an exchange-traded fund based on the Bloomberg US GNMA Bond Index. The fund tracks a market value-weighted index of US mortgage-backed securities issued by the Government National Mortgage Association (GNMA), with maturities of 30 or 15 years. GNMA was launched on February 14, 2012 and is managed by BlackRock.
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