Deutsche Bank AG Sells 20,506 Shares of iShares GNMA Bond ETF (NASDAQ:GNMA)

Deutsche Bank AG lessened its holdings in iShares GNMA Bond ETF (NASDAQ:GNMA) by 9.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 186,831 shares of the company’s stock after selling 20,506 shares during the quarter. Deutsche Bank AG owned approximately 2.31% of iShares GNMA Bond ETF worth $8,021,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of the business. LifePlan Financial LLC lifted its holdings in shares of iShares GNMA Bond ETF by 1.0% in the 4th quarter. LifePlan Financial LLC now owns 45,990 shares of the company’s stock worth $1,974,000 after buying an additional 456 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of 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 worth $256,000 after buying an additional 641 shares during the period. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of iShares GNMA Bond ETF by 10.5% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 6,982 shares of the company’s stock worth $300,000 after buying an additional 666 shares during the period. Beacon Financial Group lifted its holdings in shares of iShares GNMA Bond ETF by 7.5% in the 4th quarter. Beacon Financial Group now owns 10,054 shares of the company’s stock worth $432,000 after buying an additional 701 shares during the period. Finally, South Plains Financial Inc. purchased a new stake in shares of iShares GNMA Bond ETF in the 4th quarter worth $30,000.

iShares GNMA Bond ETF Trading Up 0.0%

Shares of GNMA stock opened at $43.30 on Friday. iShares GNMA Bond ETF has a twelve month low of $42.00 and a twelve month high of $45.69. The stock has a fifty day simple moving average of $43.51 and a two-hundred day simple moving average of $43.35.

iShares GNMA Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Shareholders of record on Thursday, May 1st were issued a $0.1554 dividend. This represents a $1.86 annualized dividend and a dividend yield of 4.31%. This is a boost from iShares GNMA Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date was Thursday, May 1st.

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.