Myecfo LLC Trims Position in iShares GNMA Bond ETF (NASDAQ:GNMA)

Myecfo LLC reduced its holdings in iShares GNMA Bond ETF (NASDAQ:GNMA) by 10.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,960 shares of the company’s stock after selling 6,130 shares during the period. iShares GNMA Bond ETF comprises 1.2% of Myecfo LLC’s holdings, making the stock its 17th biggest position. Myecfo LLC’s holdings in iShares GNMA Bond ETF were worth $2,188,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Sanctuary Advisors LLC raised its position in iShares GNMA Bond ETF by 6.6% during the third quarter. Sanctuary Advisors LLC now owns 130,231 shares of the company’s stock valued at $5,646,000 after acquiring an additional 8,050 shares in the last quarter. MML Investors Services LLC lifted its stake in shares of 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 purchasing an additional 3,390 shares during the period. StoneX Group Inc. boosted its holdings in iShares GNMA Bond ETF by 38.5% during the third quarter. StoneX Group Inc. now owns 23,282 shares of the company’s stock worth $1,043,000 after buying an additional 6,475 shares in the last quarter. Advisors Asset Management Inc. grew its position in 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 valued at $514,000 after buying an additional 4,040 shares during the period. Finally, Focus Financial Network Inc. increased its holdings in iShares GNMA Bond ETF by 48.7% in the third quarter. Focus Financial Network Inc. now owns 36,065 shares of the company’s stock valued at $1,615,000 after buying an additional 11,816 shares in the last quarter.

iShares GNMA Bond ETF Price Performance

GNMA stock opened at $42.17 on Tuesday. iShares GNMA Bond ETF has a 52-week low of $41.91 and a 52-week high of $45.69. The company’s 50-day simple moving average is $43.28 and its 200-day simple moving average is $43.83.

iShares GNMA Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.1487 dividend. This represents a $1.78 annualized dividend and a yield of 4.23%. This is a boost from iShares GNMA Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date was Wednesday, December 18th.

About iShares GNMA Bond ETF

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.