iShares GNMA Bond ETF $GNMA Shares Sold by Cypress Wealth Services LLC

Cypress Wealth Services LLC lowered its stake in iShares GNMA Bond ETF (NASDAQ:GNMA) by 22.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,082 shares of the company’s stock after selling 3,203 shares during the period. Cypress Wealth Services LLC’s holdings in iShares GNMA Bond ETF were worth $487,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of GNMA. Sagespring Wealth Partners LLC acquired a new position in shares of iShares GNMA Bond ETF in the first quarter valued at approximately $359,000. Northland Capital Management LLC increased its holdings in shares of iShares GNMA Bond ETF by 61.8% in the first quarter. Northland Capital Management LLC now owns 731,618 shares of the company’s stock valued at $32,118,000 after purchasing an additional 279,540 shares during the period. Sequoia Financial Advisors LLC acquired a new position in shares of iShares GNMA Bond ETF in the first quarter valued at approximately $868,000. Creative Financial Designs Inc. ADV increased its holdings in shares of iShares GNMA Bond ETF by 23.9% in the first quarter. Creative Financial Designs Inc. ADV now owns 1,380 shares of the company’s stock valued at $61,000 after purchasing an additional 266 shares during the period. Finally, Bartlett & CO. Wealth Management LLC boosted its stake in shares of iShares GNMA Bond ETF by 29.1% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 20,824 shares of the company’s stock valued at $914,000 after buying an additional 4,699 shares in the last quarter.

iShares GNMA Bond ETF Stock Performance

iShares GNMA Bond ETF stock opened at $44.60 on Wednesday. iShares GNMA Bond ETF has a 1-year low of $42.00 and a 1-year high of $45.16. The stock’s 50 day moving average price is $44.23 and its 200 day moving average price is $43.72.

iShares GNMA Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a $0.1582 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

iShares GNMA Bond ETF 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.