iShares GNMA Bond ETF $GNMA Holdings Decreased by Kelman Lazarov Inc.

Kelman Lazarov Inc. reduced its stake in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 17.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 56,922 shares of the company’s stock after selling 12,119 shares during the quarter. Kelman Lazarov Inc. owned about 0.67% of iShares GNMA Bond ETF worth $2,502,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of GNMA. Legacy Wealth Managment LLC ID bought a new stake in shares of iShares GNMA Bond ETF during the first quarter valued at about $32,000. Creative Financial Designs Inc. ADV raised its stake in shares of iShares GNMA Bond ETF by 23.9% during 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 in the last quarter. MAI Capital Management grew its holdings in iShares GNMA Bond ETF by 67.7% during the first quarter. MAI Capital Management now owns 3,652 shares of the company’s stock worth $160,000 after acquiring an additional 1,474 shares during the period. One Wealth Advisors LLC acquired a new position in iShares GNMA Bond ETF during the first quarter worth about $208,000. Finally, Nwam LLC acquired a new position in iShares GNMA Bond ETF during the first quarter worth about $215,000.

iShares GNMA Bond ETF Stock Up 0.1%

NASDAQ:GNMA opened at $44.70 on Friday. The business’s 50-day moving average price is $44.28 and its 200 day moving average price is $43.73. iShares GNMA Bond ETF has a 52-week low of $42.00 and a 52-week high of $45.16.

iShares GNMA Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a dividend of $0.1582 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.