Massmutual Trust Co. FSB ADV Increases Stock Holdings in iShares GNMA Bond ETF (NASDAQ:GNMA)

Massmutual Trust Co. FSB ADV lifted its position in iShares GNMA Bond ETF (NASDAQ:GNMA – Get Rating) by 28.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,450 shares of the company’s stock after buying an additional 3,630 shares during the quarter. Massmutual Trust Co. FSB ADV owned approximately 0.14% of iShares GNMA Bond ETF worth $716,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of GNMA. Jane Street Group LLC raised its stake in iShares GNMA Bond ETF by 177.1% in the first quarter. Jane Street Group LLC now owns 474,391 shares of the company’s stock valued at $22,638,000 after purchasing an additional 303,178 shares in the last quarter. Financial Engines Advisors L.L.C. raised its stake in shares of iShares GNMA Bond ETF by 101.1% during the second quarter. Financial Engines Advisors L.L.C. now owns 246,596 shares of the company’s stock worth $11,229,000 after acquiring an additional 123,951 shares in the last quarter. BlackRock Inc. purchased a new position in shares of iShares GNMA Bond ETF during the first quarter worth approximately $4,334,000. Goldman Sachs Group Inc. raised its stake in shares of iShares GNMA Bond ETF by 22.1% during the first quarter. Goldman Sachs Group Inc. now owns 214,049 shares of the company’s stock worth $10,214,000 after acquiring an additional 38,673 shares in the last quarter. Finally, Windward Private Wealth Management Inc. raised its stake in shares of iShares GNMA Bond ETF by 105.6% during the third quarter. Windward Private Wealth Management Inc. now owns 58,193 shares of the company’s stock worth $2,503,000 after acquiring an additional 29,887 shares in the last quarter.

iShares GNMA Bond ETF Stock Performance

Shares of iShares GNMA Bond ETF stock opened at $44.58 on Friday. iShares GNMA Bond ETF has a 52-week low of $41.56 and a 52-week high of $48.14. The company’s 50 day moving average price is $44.30 and its 200-day moving average price is $43.86.

iShares GNMA Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, March 7th. Stockholders of record on Thursday, March 2nd were issued a $0.121 dividend. This represents a $1.45 annualized dividend and a dividend yield of 3.26%. The ex-dividend date was Wednesday, March 1st.

About iShares GNMA Bond ETF

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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.