MML Investors Services LLC Has $703,000 Holdings in iShares GNMA Bond ETF (NASDAQ:GNMA)

MML Investors Services LLC lifted its position in iShares GNMA Bond ETF (NASDAQ:GNMA) by 27.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,698 shares of the company’s stock after purchasing an additional 3,390 shares during the quarter. MML Investors Services LLC owned 0.22% of iShares GNMA Bond ETF worth $703,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of iShares GNMA Bond ETF by 4.9% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 6,373 shares of the company’s stock worth $274,000 after acquiring an additional 300 shares during the period. First National Corp MA ADV lifted its stake in iShares GNMA Bond ETF by 17.6% during the third quarter. First National Corp MA ADV now owns 9,651 shares of the company’s stock worth $432,000 after purchasing an additional 1,447 shares during the period. Advisors Asset Management Inc. boosted its holdings in iShares GNMA Bond ETF by 54.3% during the third quarter. Advisors Asset Management Inc. now owns 11,481 shares of the company’s stock valued at $514,000 after purchasing an additional 4,040 shares in the last quarter. Arbor Trust Wealth Advisors LLC grew its stake in shares of iShares GNMA Bond ETF by 67.9% in the 2nd quarter. Arbor Trust Wealth Advisors LLC now owns 17,488 shares of the company’s stock valued at $753,000 after purchasing an additional 7,073 shares during the period. Finally, FFG Retirement Advisors LLC raised its holdings in shares of iShares GNMA Bond ETF by 12.4% in the 3rd quarter. FFG Retirement Advisors LLC now owns 16,972 shares of the company’s stock worth $760,000 after buying an additional 1,870 shares in the last quarter.

iShares GNMA Bond ETF Stock Up 0.4 %

Shares of GNMA stock opened at $43.00 on Friday. The stock’s fifty day simple moving average is $43.58 and its 200 day simple moving average is $43.87. iShares GNMA Bond ETF has a one year low of $41.91 and a one year high of $45.69.

iShares GNMA Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th will be issued a $0.1487 dividend. This is a positive change from iShares GNMA Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date is Wednesday, December 18th. This represents a $1.78 annualized dividend and a dividend yield of 4.15%.

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.