Wooster Corthell Wealth Management Inc. Reduces Holdings in iShares GNMA Bond ETF (NASDAQ:GNMA)

Wooster Corthell Wealth Management Inc. decreased its holdings in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 11.6% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 53,885 shares of the company’s stock after selling 7,087 shares during the period. iShares GNMA Bond ETF makes up approximately 0.5% of Wooster Corthell Wealth Management Inc.’s investment portfolio, making the stock its 25th largest holding. Wooster Corthell Wealth Management Inc.’s holdings in iShares GNMA Bond ETF were worth $2,313,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. First National Corp MA ADV boosted its position in 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 buying an additional 1,447 shares during the last quarter. Advisors Asset Management Inc. boosted its position in 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 buying an additional 4,040 shares during the last quarter. MML Investors Services LLC boosted its position in 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 buying an additional 3,390 shares during the last quarter. Merit Financial Group LLC purchased a new stake in iShares GNMA Bond ETF in the fourth quarter valued at approximately $725,000. Finally, FFG Retirement Advisors LLC boosted its position in 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 buying an additional 1,870 shares during the last quarter.

iShares GNMA Bond ETF Trading Down 0.2 %

Shares of NASDAQ GNMA opened at $42.91 on Monday. The business’s 50 day moving average price is $43.19 and its 200 day moving average price is $43.82. iShares GNMA Bond ETF has a 52 week low of $41.91 and a 52 week high of $45.69.

iShares GNMA Bond ETF Increases Dividend

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

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.