International Assets Investment Management LLC Buys New Shares in iShares GNMA Bond ETF (NASDAQ:GNMA)

International Assets Investment Management LLC purchased a new stake in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 2,434 shares of the company’s stock, valued at approximately $108,000.

Several other large investors have also recently added to or reduced their stakes in the company. Carmichael Hill & Associates Inc. grew its holdings 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 in the last quarter. Farmers & Merchants Investments Inc. increased its holdings in iShares GNMA Bond ETF by 95.1% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 103,299 shares of the company’s stock valued at $4,571,000 after buying an additional 50,357 shares during the period. Level Financial Advisors Inc. raised its stake in shares of iShares GNMA Bond ETF by 35.6% in the 4th quarter. Level Financial Advisors Inc. now owns 7,896 shares of the company’s stock valued at $349,000 after buying an additional 2,072 shares in the last quarter. Mayflower Financial Advisors LLC lifted its holdings in shares of iShares GNMA Bond ETF by 64.0% during the 4th quarter. Mayflower Financial Advisors LLC now owns 18,354 shares of the company’s stock worth $812,000 after acquiring an additional 7,161 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC boosted its position in shares of iShares GNMA Bond ETF by 7.0% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 5,287 shares of the company’s stock valued at $234,000 after acquiring an additional 347 shares in the last quarter.

iShares GNMA Bond ETF Price Performance

NASDAQ GNMA opened at $42.37 on Tuesday. iShares GNMA Bond ETF has a twelve month low of $40.33 and a twelve month high of $44.89. The company’s 50-day simple moving average is $42.93 and its 200 day simple moving average is $42.91.

iShares GNMA Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a $0.1628 dividend. The ex-dividend date was Monday, April 1st. This represents a $1.95 dividend on an annualized basis and a dividend yield of 4.61%.

iShares GNMA Bond ETF 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.