Cardiff Park Advisors LLC Sells 21,354 Shares of iShares GNMA Bond ETF $GNMA

Cardiff Park Advisors LLC lowered its position in iShares GNMA Bond ETF (NASDAQ:GNMA) by 63.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 12,424 shares of the company’s stock after selling 21,354 shares during the period. Cardiff Park Advisors LLC owned 0.13% of iShares GNMA Bond ETF worth $551,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of GNMA. Advisory Services Network LLC bought a new position in shares of iShares GNMA Bond ETF in the 3rd quarter worth $25,000. Creative Financial Designs Inc. ADV increased its stake in iShares GNMA Bond ETF by 83.2% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,142 shares of the company’s stock valued at $95,000 after purchasing an additional 973 shares in the last quarter. Quotient Wealth Partners LLC acquired a new position in iShares GNMA Bond ETF during the fourth quarter worth $206,000. Ausdal Financial Partners Inc. acquired a new position in iShares GNMA Bond ETF during the fourth quarter worth $211,000. Finally, IVC Wealth Advisors LLC bought a new position in shares of iShares GNMA Bond ETF in the fourth quarter valued at $212,000.

iShares GNMA Bond ETF Trading Up 0.0%

Shares of NASDAQ GNMA opened at $43.55 on Monday. The company has a 50-day moving average price of $44.00 and a 200-day moving average price of $44.38. iShares GNMA Bond ETF has a 1 year low of $43.18 and a 1 year high of $45.49.

iShares GNMA Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a $0.1576 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Wednesday, July 1st. This is a positive change from iShares GNMA Bond ETF’s previous monthly dividend of $0.15.

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.