International Assets Investment Management LLC Purchases New Stake in iShares GNMA Bond ETF (NASDAQ:GNMA)

International Assets Investment Management LLC acquired a new position in iShares GNMA Bond ETF (NASDAQ:GNMA) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 2,434 shares of the company’s stock, valued at approximately $108,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Baystate Wealth Management LLC boosted its holdings in shares of iShares GNMA Bond ETF by 615.1% in the 3rd quarter. Baystate Wealth Management LLC now owns 665 shares of the company’s stock valued at $28,000 after buying an additional 572 shares during the period. Fortitude Family Office LLC bought a new position in shares of iShares GNMA Bond ETF during the fourth quarter valued at approximately $37,000. Carmichael Hill & Associates Inc. raised its position in shares of iShares GNMA Bond ETF by 106.0% during the 4th quarter. Carmichael Hill & Associates Inc. now owns 1,844 shares of the company’s stock worth $82,000 after purchasing an additional 949 shares during the period. Payden & Rygel Investment Group acquired a new stake in shares of iShares GNMA Bond ETF during the 3rd quarter worth approximately $190,000. Finally, Investors Research Corp lifted its holdings in shares of iShares GNMA Bond ETF by 8.0% in the 3rd quarter. Investors Research Corp now owns 4,698 shares of the company’s stock worth $196,000 after purchasing an additional 346 shares during the last quarter.

iShares GNMA Bond ETF Stock Performance

Shares of GNMA opened at $42.37 on Tuesday. iShares GNMA Bond ETF has a 12 month low of $40.33 and a 12 month high of $44.89. The stock has a fifty day moving average price of $42.93 and a 200 day moving average price of $42.91.

iShares GNMA Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.1628 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $1.95 annualized dividend and a dividend yield of 4.61%.

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.