iShares GNMA Bond ETF $GNMA Shares Newly Bought by Myecfo LLC

Myecfo LLC purchased a new position in iShares GNMA Bond ETF (NASDAQ:GNMA – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 45,517 shares of the company’s stock, valued at approximately $1,905,000. iShares GNMA Bond ETF comprises approximately 0.7% of Myecfo LLC’s holdings, making the stock its 25th biggest position.

Several other institutional investors also recently modified their holdings of GNMA. Focus Financial Network Inc. bought a new stake in iShares GNMA Bond ETF during the third quarter worth about $844,000. Prosperity Planning Inc. purchased a new stake in iShares GNMA Bond ETF in the third quarter worth about $15,342,000. First Heartland Consultants Inc. bought a new position in shares of iShares GNMA Bond ETF during the third quarter valued at approximately $6,375,000. Farther Finance Advisors LLC bought a new position in shares of iShares GNMA Bond ETF during the third quarter valued at approximately $27,000. Finally, Whitcomb & Hess Inc. bought a new position in shares of iShares GNMA Bond ETF during the third quarter valued at approximately $758,000.

iShares GNMA Bond ETF Trading Up 0.4%

GNMA stock opened at $42.10 on Thursday. The firm has a 50 day moving average price of $42.86 and a 200-day moving average price of $43.67. iShares GNMA Bond ETF has a 52-week low of $41.31 and a 52-week high of $45.49.

iShares GNMA Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a dividend of $0.1662 per share. The ex-dividend date was Thursday, October 1st. This is a positive change from iShares GNMA Bond ETF’s previous monthly dividend of $0.1582. This represents a $1.99 dividend on an annualized basis and a yield of 4.7%.

iShares GNMA Bond ETF Profile

(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.

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Institutional Ownership by Quarter for iShares GNMA Bond ETF (NASDAQ:GNMA)

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