JPMorgan Chase & Co. Has $35.58 Million Holdings in iShares GNMA Bond ETF (NASDAQ:GNMA)

JPMorgan Chase & Co. reduced its holdings in iShares GNMA Bond ETF (NASDAQ:GNMA) by 1.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 794,445 shares of the company’s stock after selling 14,122 shares during the quarter. JPMorgan Chase & Co. owned about 0.11% of iShares GNMA Bond ETF worth $35,583,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC bought a new stake in shares of iShares GNMA Bond ETF in the second quarter valued at about $5,161,000. Eastern Bank acquired a new position in shares of iShares GNMA Bond ETF in the 3rd quarter valued at $4,208,000. Wooster Corthell Wealth Management Inc. raised its position in iShares GNMA Bond ETF by 164.2% in the third quarter. Wooster Corthell Wealth Management Inc. now owns 60,972 shares of the company’s stock worth $2,731,000 after purchasing an additional 37,895 shares in the last quarter. Farmers & Merchants Investments Inc. lifted its stake in iShares GNMA Bond ETF by 14.7% during the third quarter. Farmers & Merchants Investments Inc. now owns 183,335 shares of the company’s stock worth $8,212,000 after purchasing an additional 23,508 shares during the period. Finally, Focus Financial Network Inc. grew its stake in shares of iShares GNMA Bond ETF by 48.7% in the 3rd quarter. Focus Financial Network Inc. now owns 36,065 shares of the company’s stock valued at $1,615,000 after purchasing an additional 11,816 shares during the period.

iShares GNMA Bond ETF Stock Down 0.2 %

Shares of GNMA stock opened at $42.74 on Tuesday. The stock’s fifty day simple moving average is $43.35 and its 200 day simple moving average is $43.85. iShares GNMA Bond ETF has a one year low of $41.91 and a one year high of $45.69.

iShares GNMA Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.1487 per share. This is a positive change from iShares GNMA Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date was Wednesday, December 18th. This represents a $1.78 annualized dividend and a dividend yield of 4.17%.

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.