iShares GNMA Bond ETF $GNMA Shares Newly Acquired by Croban

Croban acquired a new stake in iShares GNMA Bond ETF (NASDAQ:GNMA) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 116,863 shares of the company’s stock, valued at approximately $4,892,000. iShares GNMA Bond ETF makes up approximately 2.2% of Croban’s investment portfolio, making the stock its 17th biggest holding. Croban owned 1.16% of iShares GNMA Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Csenge Advisory Group acquired a new stake in shares of iShares GNMA Bond ETF in the 3rd quarter valued at approximately $372,000. Beverly Hills Private Wealth LLC acquired a new position in iShares GNMA Bond ETF during the third quarter worth $6,651,000. American Institute for Advanced Investment Management LLP acquired a new position in iShares GNMA Bond ETF during the third quarter worth $219,000. Guidance Capital Inc. purchased a new position in iShares GNMA Bond ETF in the third quarter worth $3,873,000. Finally, Ashton Thomas Private Wealth LLC purchased a new position in iShares GNMA Bond ETF in the third quarter worth $262,000.

iShares GNMA Bond ETF Price Performance

iShares GNMA Bond ETF stock traded down $0.09 during midday trading on Friday, reaching $42.10. The company’s stock had a trading volume of 24,588 shares, compared to its average volume of 40,083. iShares GNMA Bond ETF has a fifty-two week low of $41.31 and a fifty-two week high of $45.49. The stock’s 50 day simple moving average is $42.43 and its 200 day simple moving average is $43.76.

iShares GNMA Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were paid a dividend of $0.1625 per share. This is a drop from iShares GNMA Bond ETF’s previous monthly dividend of $0.1662. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $1.95 dividend on an annualized basis and a dividend yield of 4.6%.

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.