iShares GNMA Bond ETF (NASDAQ:GNMA) Short Interest Update

iShares GNMA Bond ETF (NASDAQ:GNMA) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 3,000 shares, a decrease of 86.9% from the December 15th total of 22,900 shares. Based on an average daily volume of 34,300 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On iShares GNMA Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted its stake in iShares GNMA Bond ETF by 32.2% in the second quarter. Envestnet Asset Management Inc. now owns 47,006 shares of the company’s stock valued at $2,025,000 after acquiring an additional 11,462 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of iShares GNMA Bond ETF during the second quarter valued at $5,161,000. LifePlan Financial LLC raised its stake in shares of iShares GNMA Bond ETF by 12.1% during the third quarter. LifePlan Financial LLC now owns 45,534 shares of the company’s stock valued at $2,039,000 after purchasing an additional 4,931 shares in the last quarter. Prosperity Planning Inc. lifted its holdings in iShares GNMA Bond ETF by 4.6% in the third quarter. Prosperity Planning Inc. now owns 225,648 shares of the company’s stock worth $10,107,000 after purchasing an additional 10,001 shares during the period. Finally, First National Corp MA ADV grew its position in iShares GNMA Bond ETF by 17.6% in the 3rd quarter. First National Corp MA ADV now owns 9,651 shares of the company’s stock valued at $432,000 after buying an additional 1,447 shares in the last quarter.

iShares GNMA Bond ETF Trading Down 0.3 %

NASDAQ:GNMA traded down $0.12 during mid-day trading on Monday, hitting $42.17. The company had a trading volume of 342,880 shares, compared to its average volume of 77,454. iShares GNMA Bond ETF has a 1 year low of $41.91 and a 1 year high of $45.69. The business has a fifty day simple moving average of $43.28 and a 200-day simple moving average of $43.83.

iShares GNMA Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.1487 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $1.78 dividend on an annualized basis and a yield of 4.23%. This is an increase from iShares GNMA Bond ETF’s previous monthly dividend of $0.15.

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.