Retirement Solution Inc. Sells 394 Shares of iShares GNMA Bond ETF (NASDAQ:GNMA)

Retirement Solution Inc. reduced its position in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 2.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,860 shares of the company’s stock after selling 394 shares during the period. iShares GNMA Bond ETF comprises about 0.2% of Retirement Solution Inc.’s investment portfolio, making the stock its 24th biggest position. Retirement Solution Inc. owned 0.16% of iShares GNMA Bond ETF worth $658,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Baystate Wealth Management LLC raised its stake in shares of iShares GNMA Bond ETF by 615.1% in the third quarter. Baystate Wealth Management LLC now owns 665 shares of the company’s stock worth $28,000 after acquiring an additional 572 shares during the last quarter. Fortitude Family Office LLC acquired a new stake in shares of iShares GNMA Bond ETF during the 4th quarter worth approximately $37,000. Park Place Capital Corp acquired a new stake in shares of iShares GNMA Bond ETF during the 4th quarter worth approximately $38,000. Carmichael Hill & Associates Inc. grew its position in shares of iShares GNMA Bond ETF by 106.0% during the 4th quarter. Carmichael Hill & Associates Inc. now owns 1,844 shares of the company’s stock worth $82,000 after buying an additional 949 shares during the period. Finally, International Assets Investment Management LLC acquired a new stake in shares of iShares GNMA Bond ETF during the 4th quarter worth approximately $108,000.

iShares GNMA Bond ETF Stock Down 0.2 %

NASDAQ GNMA traded down $0.08 during trading on Wednesday, reaching $42.26. 9,464 shares of the stock traded hands, compared to its average volume of 66,143. The stock’s 50-day moving average price is $43.00 and its 200 day moving average price is $42.89. iShares GNMA Bond ETF has a fifty-two week low of $40.33 and a fifty-two week high of $44.89.

iShares GNMA Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.1628 per share. This represents a $1.95 dividend on an annualized basis and a yield of 4.62%. The ex-dividend date was Monday, April 1st.

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.