iShares GNMA Bond ETF (NASDAQ:GNMA) Stock Position Reduced by Argent Advisors Inc.

Posted by Brenda Bartman on Mar 18th, 2025

Argent Advisors Inc. cut its stake in shares of iShares GNMA Bond ETF (NASDAQ:GNMA – Free Report) by 14.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,363 shares of the company’s stock after selling 3,099 shares during the period. Argent Advisors Inc. owned about 0.23% of iShares GNMA Bond ETF worth $788,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Envestnet Portfolio Solutions Inc. purchased a new position in iShares GNMA Bond ETF during the fourth quarter valued at approximately $669,000. Commonwealth Equity Services LLC grew its position in iShares GNMA Bond ETF by 12.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 5,962 shares of the company’s stock valued at $256,000 after purchasing an additional 641 shares in the last quarter. Pillar Financial Advisors LLC purchased a new position in iShares GNMA Bond ETF during the fourth quarter valued at approximately $534,000. Ashton Thomas Private Wealth LLC purchased a new position in iShares GNMA Bond ETF during the fourth quarter valued at approximately $230,000. Finally, Raymond James Financial Inc. purchased a new position in iShares GNMA Bond ETF during the fourth quarter valued at approximately $1,574,000.

iShares GNMA Bond ETF Trading Up 0.2 %

NASDAQ GNMA opened at $43.62 on Tuesday. The company has a 50 day moving average price of $43.23 and a two-hundred day moving average price of $43.65. iShares GNMA Bond ETF has a 12-month low of $41.91 and a 12-month high of $45.69.

iShares GNMA Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.1514 per share. The ex-dividend date of this dividend was Monday, March 3rd.

About iShares GNMA Bond ETF

(Free Report)

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.