Mayflower Financial Advisors LLC Sells 4,596 Shares of iShares GNMA Bond ETF (NASDAQ:GNMA)

Mayflower Financial Advisors LLC cut its holdings in iShares GNMA Bond ETF (NASDAQ:GNMA) by 24.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,280 shares of the company’s stock after selling 4,596 shares during the period. Mayflower Financial Advisors LLC’s holdings in iShares GNMA Bond ETF were worth $615,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cape Investment Advisory Inc. lifted its position in iShares GNMA Bond ETF by 259.8% during the 4th quarter. Cape Investment Advisory Inc. now owns 608 shares of the company’s stock worth $27,000 after acquiring an additional 439 shares during the last quarter. First Horizon Advisors Inc. lifted its position in iShares GNMA Bond ETF by 495.6% during the 4th quarter. First Horizon Advisors Inc. now owns 679 shares of the company’s stock worth $30,000 after acquiring an additional 565 shares during the last quarter. CWM LLC lifted its position in iShares GNMA Bond ETF by 402.5% during the 2nd quarter. CWM LLC now owns 990 shares of the company’s stock worth $43,000 after acquiring an additional 793 shares during the last quarter. Global Retirement Partners LLC acquired a new position in iShares GNMA Bond ETF during the 1st quarter worth $43,000. Finally, EverSource Wealth Advisors LLC lifted its position in iShares GNMA Bond ETF by 84.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,485 shares of the company’s stock worth $66,000 after acquiring an additional 681 shares during the last quarter.

iShares GNMA Bond ETF Stock Up 0.1 %

Shares of GNMA opened at $44.85 on Friday. The company has a 50-day simple moving average of $43.94 and a 200-day simple moving average of $43.29. iShares GNMA Bond ETF has a 52 week low of $40.33 and a 52 week high of $45.69.

iShares GNMA Bond ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd will be given a dividend of $0.1503 per share. The ex-dividend date is Tuesday, September 3rd.

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.