TSA Wealth Managment LLC Has $1.91 Million Holdings in iShares GNMA Bond ETF (NASDAQ:GNMA)

TSA Wealth Managment LLC lowered its position in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 5.8% during the first quarter, Holdings Channel reports. The fund owned 43,469 shares of the company’s stock after selling 2,652 shares during the quarter. iShares GNMA Bond ETF makes up 0.8% of TSA Wealth Managment LLC’s holdings, making the stock its 28th largest holding. TSA Wealth Managment LLC’s holdings in iShares GNMA Bond ETF were worth $1,908,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in GNMA. South Plains Financial Inc. acquired a new position in iShares GNMA Bond ETF in the 4th quarter valued at approximately $30,000. GeoWealth Management LLC increased its stake in iShares GNMA Bond ETF by 321.3% in the 4th quarter. GeoWealth Management LLC now owns 1,702 shares of the company’s stock valued at $73,000 after buying an additional 1,298 shares during the period. Ashton Thomas Private Wealth LLC acquired a new position in iShares GNMA Bond ETF in the 4th quarter valued at approximately $230,000. Commonwealth Equity Services LLC increased its stake in iShares GNMA Bond ETF by 12.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 5,962 shares of the company’s stock valued at $256,000 after buying an additional 641 shares during the period. Finally, Fullcircle Wealth LLC increased its stake in iShares GNMA Bond ETF by 12.1% in the 4th quarter. Fullcircle Wealth LLC now owns 6,771 shares of the company’s stock valued at $292,000 after buying an additional 729 shares during the period.

iShares GNMA Bond ETF Trading Up 0.3%

iShares GNMA Bond ETF stock opened at $43.81 on Thursday. The firm’s 50 day moving average price is $43.34 and its two-hundred day moving average price is $43.31. iShares GNMA Bond ETF has a twelve month low of $42.00 and a twelve month high of $45.69.

iShares GNMA Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were paid a $0.1518 dividend. The ex-dividend date was Monday, June 2nd. This represents a $1.82 annualized dividend and a yield of 4.16%.

About iShares GNMA Bond ETF

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.