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

Myecfo LLC purchased a new stake in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 45,517 shares of the company’s stock, valued at approximately $1,905,000. iShares GNMA Bond ETF accounts for approximately 0.7% of Myecfo LLC’s holdings, making the stock its 25th biggest position. Myecfo LLC owned about 0.46% of iShares GNMA Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Farther Finance Advisors LLC purchased a new stake in iShares GNMA Bond ETF in the third quarter worth about $27,000. EverSource Wealth Advisors LLC boosted its position in iShares GNMA Bond ETF by 74.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 796 shares of the company’s stock valued at $35,000 after acquiring an additional 341 shares in the last quarter. Eastern Bank bought a new stake in iShares GNMA Bond ETF during the 3rd quarter valued at approximately $55,000. Robinswood Financial LLC bought a new stake in iShares GNMA Bond ETF during the 1st quarter valued at approximately $60,000. Finally, Investors Research Corp purchased a new position in shares of iShares GNMA Bond ETF during the 3rd quarter worth approximately $191,000.

iShares GNMA Bond ETF Trading Up 0.4%

GNMA stock opened at $42.10 on Thursday. iShares GNMA Bond ETF has a fifty-two week low of $41.31 and a fifty-two week high of $45.49. The business’s 50 day moving average price is $42.86 and its two-hundred day moving average price is $43.67.

iShares GNMA Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.1662 per share. This is a boost from iShares GNMA Bond ETF’s previous monthly dividend of $0.1582. This represents a $1.99 annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Thursday, October 1st.

About iShares GNMA Bond ETF

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.