Wooster Corthell Wealth Management Inc. Sells 7,087 Shares of iShares GNMA Bond ETF (NASDAQ:GNMA)

Wooster Corthell Wealth Management Inc. trimmed its holdings in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 11.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 53,885 shares of the company’s stock after selling 7,087 shares during the quarter. iShares GNMA Bond ETF accounts for approximately 0.5% of Wooster Corthell Wealth Management Inc.’s investment portfolio, making the stock its 25th largest holding. Wooster Corthell Wealth Management Inc. owned approximately 0.68% of iShares GNMA Bond ETF worth $2,313,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. DMC Group LLC lifted its position in shares of iShares GNMA Bond ETF by 0.8% during the third quarter. DMC Group LLC now owns 34,749 shares of the company’s stock worth $1,556,000 after purchasing an additional 263 shares during the last quarter. First National Corp MA ADV raised its holdings in shares of iShares GNMA Bond ETF by 17.6% in the third quarter. First National Corp MA ADV now owns 9,651 shares of the company’s stock valued at $432,000 after acquiring an additional 1,447 shares in the last quarter. FFG Retirement Advisors LLC raised its holdings in shares of iShares GNMA Bond ETF by 12.4% in the third quarter. FFG Retirement Advisors LLC now owns 16,972 shares of the company’s stock valued at $760,000 after acquiring an additional 1,870 shares in the last quarter. MML Investors Services LLC raised its holdings in shares of iShares GNMA Bond ETF by 27.5% in the third quarter. MML Investors Services LLC now owns 15,698 shares of the company’s stock valued at $703,000 after acquiring an additional 3,390 shares in the last quarter. Finally, Advisors Asset Management Inc. raised its holdings in shares of iShares GNMA Bond ETF by 54.3% in the third quarter. Advisors Asset Management Inc. now owns 11,481 shares of the company’s stock valued at $514,000 after acquiring an additional 4,040 shares in the last quarter.

iShares GNMA Bond ETF Stock Performance

GNMA stock opened at $42.91 on Monday. The business has a 50-day moving average price of $43.19 and a 200 day moving average price of $43.82. iShares GNMA Bond ETF has a 1-year low of $41.91 and a 1-year high of $45.69.

iShares GNMA Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.1487 dividend. This is an increase from iShares GNMA Bond ETF’s previous monthly dividend of $0.15. This represents a $1.78 annualized dividend and a dividend yield of 4.16%. The ex-dividend date was Wednesday, December 18th.

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.