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.
→ Unusual passive income investment (found on a golf course) (Oxford Club)
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.
Learn more
Want to see what other hedge funds own GNMA? Visit HoldingsChannel.com for the latest 13F filings and insider trades for iShares GNMA Bond ETF (NASDAQ:GNMA – Get Rating).
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