iShares GNMA Bond ETF $GNMA Shares Sold by Kelman Lazarov Inc.

Kelman Lazarov Inc. reduced its position in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 26.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 36,184 shares of the company’s stock after selling 13,172 shares during the quarter. Kelman Lazarov Inc.’s holdings in iShares GNMA Bond ETF were worth $1,612,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of GNMA. Advisory Services Network LLC bought a new stake in shares of iShares GNMA Bond ETF in the 3rd quarter worth $25,000. Smartleaf Asset Management LLC grew its holdings in iShares GNMA Bond ETF by 373.2% during the third quarter. Smartleaf Asset Management LLC now owns 1,183 shares of the company’s stock worth $53,000 after acquiring an additional 933 shares during the period. Jones Financial Companies Lllp raised its position in iShares GNMA Bond ETF by 25.6% in the third quarter. Jones Financial Companies Lllp now owns 1,531 shares of the company’s stock worth $68,000 after acquiring an additional 312 shares in the last quarter. Quotient Wealth Partners LLC acquired a new stake in iShares GNMA Bond ETF in the 4th quarter valued at about $206,000. Finally, IVC Wealth Advisors LLC acquired a new stake in iShares GNMA Bond ETF in the 4th quarter valued at about $212,000.

iShares GNMA Bond ETF Stock Performance

NASDAQ:GNMA opened at $44.60 on Thursday. The company has a 50-day moving average of $44.63 and a 200-day moving average of $44.59. iShares GNMA Bond ETF has a twelve month low of $42.72 and a twelve month high of $45.49.

iShares GNMA Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were issued a dividend of $0.1516 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Wednesday, April 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.