iShares GNMA Bond ETF (GNMA) To Go Ex-Dividend on July 1st

iShares GNMA Bond ETF (NASDAQ:GNMA) declared a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Shareholders of record on Wednesday, July 1st will be paid a dividend of 0.1576 per share on Tuesday, July 7th. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Wednesday, July 1st. This is a 2.6% increase from iShares GNMA Bond ETF’s previous monthly dividend of $0.15.

iShares GNMA Bond ETF Trading Down 0.5%

GNMA stock opened at $43.99 on Thursday. The business’s fifty day simple moving average is $44.18 and its two-hundred day simple moving average is $44.46. iShares GNMA Bond ETF has a twelve month low of $43.18 and a twelve month high of $45.49.

Institutional Investors Weigh In On iShares GNMA Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Focus Partners Wealth grew its stake in iShares GNMA Bond ETF by 3,914.7% in the 4th quarter. Focus Partners Wealth now owns 828,042 shares of the company’s stock worth $36,881,000 after acquiring an additional 807,417 shares in the last quarter. Northland Capital Management LLC boosted its holdings in shares of iShares GNMA Bond ETF by 1.0% in the fourth quarter. Northland Capital Management LLC now owns 678,983 shares of the company’s stock valued at $30,242,000 after purchasing an additional 6,804 shares during the period. LPL Financial LLC boosted its holdings in shares of iShares GNMA Bond ETF by 98.1% in the fourth quarter. LPL Financial LLC now owns 391,218 shares of the company’s stock valued at $17,425,000 after purchasing an additional 193,767 shares during the period. Portland Global Advisors LLC grew its stake in iShares GNMA Bond ETF by 3.1% in the fourth quarter. Portland Global Advisors LLC now owns 380,968 shares of the company’s stock worth $16,968,000 after purchasing an additional 11,556 shares in the last quarter. Finally, Farmers & Merchants Investments Inc. grew its stake in iShares GNMA Bond ETF by 12.4% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 299,939 shares of the company’s stock worth $13,359,000 after purchasing an additional 33,004 shares in the last quarter.

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.