EP Wealth Advisors LLC Reduces Stock Position in iShares GNMA Bond ETF (NASDAQ:GNMA)

EP Wealth Advisors LLC decreased its position in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 3.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,253 shares of the company’s stock after selling 624 shares during the quarter. EP Wealth Advisors LLC owned 0.25% of iShares GNMA Bond ETF worth $869,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Citadel Advisors LLC purchased a new position in iShares GNMA Bond ETF during the 4th quarter valued at about $404,000. Beverly Hills Private Wealth LLC increased its stake in shares of iShares GNMA Bond ETF by 19.6% during the 4th quarter. Beverly Hills Private Wealth LLC now owns 70,086 shares of the company’s stock worth $3,009,000 after purchasing an additional 11,475 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of iShares GNMA Bond ETF by 12.6% during the 4th quarter. Ameriprise Financial Inc. now owns 47,559 shares of the company’s stock worth $2,042,000 after purchasing an additional 5,338 shares during the last quarter. South Plains Financial Inc. purchased a new stake in iShares GNMA Bond ETF in the 4th quarter valued at approximately $30,000. Finally, Betterment LLC lifted its stake in iShares GNMA Bond ETF by 27.8% in the 4th quarter. Betterment LLC now owns 7,277 shares of the company’s stock valued at $312,000 after buying an additional 1,585 shares in the last quarter.

iShares GNMA Bond ETF Price Performance

iShares GNMA Bond ETF stock opened at $43.44 on Friday. iShares GNMA Bond ETF has a fifty-two week low of $42.00 and a fifty-two week high of $45.69. The stock has a fifty day moving average of $43.55 and a two-hundred day moving average of $43.37.

iShares GNMA Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Shareholders of record on Thursday, May 1st were issued a $0.1554 dividend. The ex-dividend date of this dividend was Thursday, May 1st. This is an increase from iShares GNMA Bond ETF’s previous monthly dividend of $0.15. This represents a $1.86 annualized dividend and a yield of 4.29%.

About iShares GNMA Bond ETF

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.