iShares GNMA Bond ETF (NASDAQ:GNMA) Short Interest Update

iShares GNMA Bond ETF (NASDAQ:GNMA) was the target of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 3,179 shares, a decrease of 33.0% from the February 12th total of 4,748 shares. Based on an average daily trading volume, of 26,693 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 26,693 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in GNMA. EP Wealth Advisors LLC bought a new position in shares of iShares GNMA Bond ETF during the 4th quarter valued at approximately $643,000. Cetera Investment Advisers purchased a new position in iShares GNMA Bond ETF during the fourth quarter valued at approximately $312,000. Osaic Holdings Inc. boosted its position in shares of iShares GNMA Bond ETF by 112.2% in the fourth quarter. Osaic Holdings Inc. now owns 4,890 shares of the company’s stock worth $218,000 after purchasing an additional 2,586 shares during the period. MML Investors Services LLC boosted its position in shares of iShares GNMA Bond ETF by 5.3% in the fourth quarter. MML Investors Services LLC now owns 23,051 shares of the company’s stock worth $1,027,000 after purchasing an additional 1,159 shares during the period. Finally, Focus Partners Wealth increased its stake in shares of iShares GNMA Bond ETF by 3,914.7% in the fourth quarter. Focus Partners Wealth now owns 828,042 shares of the company’s stock worth $36,881,000 after purchasing an additional 807,417 shares in the last quarter.

iShares GNMA Bond ETF Trading Down 0.2%

Shares of iShares GNMA Bond ETF stock traded down $0.11 on Friday, hitting $44.33. 129,959 shares of the company’s stock were exchanged, compared to its average volume of 36,717. iShares GNMA Bond ETF has a 1 year low of $42.55 and a 1 year high of $45.49. The company has a 50-day simple moving average of $44.77 and a 200-day simple moving average of $44.60.

iShares GNMA Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.152 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.1%.

iShares GNMA Bond ETF Company 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.