TSA Wealth Managment LLC Grows Position in iShares GNMA Bond ETF (NASDAQ:GNMA)

TSA Wealth Managment LLC raised its position in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 3.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,121 shares of the company’s stock after buying an additional 1,362 shares during the quarter. iShares GNMA Bond ETF comprises 0.8% of TSA Wealth Managment LLC’s portfolio, making the stock its 22nd biggest holding. TSA Wealth Managment LLC owned approximately 0.57% of iShares GNMA Bond ETF worth $1,980,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in GNMA. Northland Capital Management LLC boosted its holdings in shares of iShares GNMA Bond ETF by 4.1% in the 4th quarter. Northland Capital Management LLC now owns 452,078 shares of the company’s stock worth $19,408,000 after purchasing an additional 17,933 shares during the period. Prosperity Planning Inc. boosted its holdings in shares of iShares GNMA Bond ETF by 6.6% in the 4th quarter. Prosperity Planning Inc. now owns 240,650 shares of the company’s stock worth $10,331,000 after purchasing an additional 15,002 shares during the period. Farmers & Merchants Investments Inc. boosted its holdings in shares of iShares GNMA Bond ETF by 18.6% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 217,347 shares of the company’s stock worth $9,331,000 after purchasing an additional 34,012 shares during the period. Sanctuary Advisors LLC boosted its holdings in shares of iShares GNMA Bond ETF by 2.6% in the 4th quarter. Sanctuary Advisors LLC now owns 133,569 shares of the company’s stock worth $5,776,000 after purchasing an additional 3,338 shares during the period. Finally, McGuire Investment Group LLC boosted its holdings in shares of iShares GNMA Bond ETF by 0.7% in the 4th quarter. McGuire Investment Group LLC now owns 132,822 shares of the company’s stock worth $5,702,000 after purchasing an additional 976 shares during the period.

iShares GNMA Bond ETF Trading Down 0.3 %

Shares of iShares GNMA Bond ETF stock opened at $43.91 on Tuesday. The stock has a 50 day moving average price of $43.05 and a 200-day moving average price of $43.72. iShares GNMA Bond ETF has a one year low of $41.91 and a one year high of $45.69.

iShares GNMA Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be issued a dividend of $0.1514 per share. The ex-dividend date is Monday, March 3rd.

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.