Advisors Asset Management Inc. Purchases 4,040 Shares of iShares GNMA Bond ETF (NASDAQ:GNMA)

Advisors Asset Management Inc. increased its position in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 54.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,481 shares of the company’s stock after acquiring an additional 4,040 shares during the period. Advisors Asset Management Inc.’s holdings in iShares GNMA Bond ETF were worth $514,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Focus Financial Network Inc. increased its holdings in iShares GNMA Bond ETF by 48.7% during the 3rd quarter. Focus Financial Network Inc. now owns 36,065 shares of the company’s stock worth $1,615,000 after acquiring an additional 11,816 shares during the period. Farmers & Merchants Investments Inc. increased its holdings in iShares GNMA Bond ETF by 14.7% during the 3rd quarter. Farmers & Merchants Investments Inc. now owns 183,335 shares of the company’s stock worth $8,212,000 after acquiring an additional 23,508 shares during the period. FFG Retirement Advisors LLC increased its holdings in iShares GNMA Bond ETF by 12.4% during the 3rd quarter. FFG Retirement Advisors LLC now owns 16,972 shares of the company’s stock worth $760,000 after acquiring an additional 1,870 shares during the period. Eastern Bank bought a new stake in iShares GNMA Bond ETF during the 3rd quarter worth approximately $4,208,000. Finally, Wooster Corthell Wealth Management Inc. increased its holdings in iShares GNMA Bond ETF by 164.2% during the 3rd quarter. Wooster Corthell Wealth Management Inc. now owns 60,972 shares of the company’s stock worth $2,731,000 after acquiring an additional 37,895 shares during the period.

iShares GNMA Bond ETF Price Performance

Shares of NASDAQ:GNMA opened at $43.69 on Thursday. The company’s fifty day moving average price is $43.95 and its 200-day moving average price is $43.79. iShares GNMA Bond ETF has a one year low of $41.91 and a one year high of $45.69.

iShares GNMA Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a $0.1468 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date of this dividend was Friday, November 1st.

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.