Citadel Advisors LLC Takes Position in iShares GNMA Bond ETF (NASDAQ:GNMA)

Citadel Advisors LLC acquired a new stake in iShares GNMA Bond ETF (NASDAQ:GNMA) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,418 shares of the company’s stock, valued at approximately $404,000. Citadel Advisors LLC owned 0.12% of iShares GNMA Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Ameriprise Financial Inc. increased its holdings in iShares GNMA Bond ETF by 12.6% in the 4th quarter. Ameriprise Financial Inc. now owns 47,559 shares of the company’s stock worth $2,042,000 after buying an additional 5,338 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of iShares GNMA Bond ETF in the fourth quarter worth $669,000. WBH Advisory Inc. increased its stake in shares of iShares GNMA Bond ETF by 96.3% in the fourth quarter. WBH Advisory Inc. now owns 18,129 shares of the company’s stock worth $778,000 after acquiring an additional 8,892 shares during the period. 5T Wealth LLC acquired a new stake in iShares GNMA Bond ETF during the 4th quarter worth about $2,344,000. Finally, Envestnet Asset Management Inc. grew its position in iShares GNMA Bond ETF by 61.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 82,312 shares of the company’s stock worth $3,534,000 after purchasing an additional 31,215 shares during the period.

iShares GNMA Bond ETF Stock Down 0.1%

Shares of GNMA opened at $43.08 on Wednesday. The business’s 50-day moving average is $43.39 and its two-hundred day moving average is $43.33. iShares GNMA Bond ETF has a fifty-two week low of $42.00 and a fifty-two week high of $45.69.

iShares GNMA Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, June 5th. Investors of record on Monday, June 2nd will be issued a dividend of $0.1518 per share. This represents a $1.82 annualized dividend and a yield of 4.23%. The ex-dividend date of this dividend is Monday, June 2nd.

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.