McGuire Investment Group LLC Sells 2,176 Shares of iShares GNMA Bond ETF $GNMA

McGuire Investment Group LLC lessened its holdings in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 1.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 143,223 shares of the company’s stock after selling 2,176 shares during the quarter. McGuire Investment Group LLC owned approximately 1.67% of iShares GNMA Bond ETF worth $6,295,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Legacy Wealth Managment LLC ID bought a new position in shares of iShares GNMA Bond ETF during the first quarter valued at approximately $32,000. Creative Financial Designs Inc. ADV raised its holdings in shares of iShares GNMA Bond ETF by 23.9% during the first quarter. Creative Financial Designs Inc. ADV now owns 1,380 shares of the company’s stock valued at $61,000 after acquiring an additional 266 shares in the last quarter. MAI Capital Management raised its holdings in iShares GNMA Bond ETF by 67.7% in the first quarter. MAI Capital Management now owns 3,652 shares of the company’s stock worth $160,000 after purchasing an additional 1,474 shares in the last quarter. One Wealth Advisors LLC bought a new position in iShares GNMA Bond ETF in the first quarter worth $208,000. Finally, Nwam LLC bought a new position in iShares GNMA Bond ETF in the first quarter worth $215,000.

iShares GNMA Bond ETF Trading Up 0.1%

GNMA opened at $44.38 on Thursday. The stock has a fifty day simple moving average of $44.08 and a two-hundred day simple moving average of $43.67. iShares GNMA Bond ETF has a 12-month low of $42.00 and a 12-month high of $45.16.

iShares GNMA Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be issued a $0.1582 dividend. The ex-dividend date is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.