28,201 Shares in iShares GNMA Bond ETF $GNMA Purchased by TSA Wealth Managment LLC

TSA Wealth Managment LLC acquired a new position in iShares GNMA Bond ETF (NASDAQ:GNMA) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 28,201 shares of the company’s stock, valued at approximately $1,180,000. TSA Wealth Managment LLC owned approximately 0.29% of iShares GNMA Bond ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of GNMA. Pillar Financial Advisors LLC purchased a new stake in shares of iShares GNMA Bond ETF in the 3rd quarter worth $471,000. CFS Investment Advisory Services LLC bought a new position in shares of iShares GNMA Bond ETF during the 3rd quarter worth $595,000. IFP Advisors Inc bought a new position in shares of iShares GNMA Bond ETF during the 3rd quarter worth $46,000. Mather Group LLC. purchased a new position in shares of iShares GNMA Bond ETF during the third quarter valued at $66,000. Finally, Myecfo LLC purchased a new position in shares of iShares GNMA Bond ETF during the third quarter valued at $1,905,000.

iShares GNMA Bond ETF Stock Performance

Shares of GNMA stock traded down $0.05 on Friday, hitting $42.52. The stock had a trading volume of 55,086 shares, compared to its average volume of 40,672. iShares GNMA Bond ETF has a one year low of $41.31 and a one year high of $45.49. The business has a 50 day moving average price of $42.68 and a 200 day moving average price of $43.57.

iShares GNMA Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a dividend of $0.1662 per share. This is a positive change from iShares GNMA Bond ETF’s previous monthly dividend of $0.1582. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $1.99 dividend on an annualized basis and a yield of 4.7%.

iShares GNMA Bond ETF Company 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.