Cypress Wealth Services LLC Trims Stock Position in iShares GNMA Bond ETF (NASDAQ:GNMA)

by · The Cerbat Gem

Cypress Wealth Services LLC decreased its holdings in iShares GNMA Bond ETF (NASDAQ:GNMA – Free Report) by 22.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,788 shares of the company’s stock after selling 1,941 shares during the quarter. Cypress Wealth Services LLC’s holdings in iShares GNMA Bond ETF were worth $284,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Firethorn Wealth Partners LLC purchased a new position in shares of iShares GNMA Bond ETF during the 2nd quarter worth about $307,000. Argent Advisors Inc. grew its holdings in iShares GNMA Bond ETF by 35.9% during the second quarter. Argent Advisors Inc. now owns 20,602 shares of the company’s stock worth $903,000 after acquiring an additional 5,445 shares during the period. Investors Research Corp boosted its position in iShares GNMA Bond ETF by 8.3% during the 2nd quarter. Investors Research Corp now owns 4,352 shares of the company’s stock worth $191,000 after acquiring an additional 334 shares during the period. Prosperity Planning Inc. lifted its holdings in shares of iShares GNMA Bond ETF by 11.1% during the 2nd quarter. Prosperity Planning Inc. now owns 148,060 shares of the company’s stock valued at $6,491,000 after buying an additional 14,739 shares during the last quarter. Finally, WBH Advisory Inc. bought a new stake in iShares GNMA Bond ETF in the third quarter valued at $1,140,000.

iShares GNMA Bond ETF Stock Performance

Shares of iShares GNMA Bond ETF stock opened at $44.15 on Thursday. The business has a 50-day moving average of $42.17 and a two-hundred day moving average of $42.75. iShares GNMA Bond ETF has a 1 year low of $40.33 and a 1 year high of $45.38.

iShares GNMA Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 20th. Investors of record on Friday, December 15th were given a dividend of $0.1301 per share. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $1.56 annualized dividend and a dividend yield of 3.54%.

About iShares GNMA Bond ETF

(Free Report)

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.

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