iShares GNMA Bond ETF $GNMA Shares Newly Purchased by Guidance Capital Inc.

Guidance Capital Inc. purchased a new position in iShares GNMA Bond ETF (NASDAQ:GNMA) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 90,551 shares of the company’s stock, valued at approximately $3,873,000. iShares GNMA Bond ETF accounts for about 0.9% of Guidance Capital Inc.’s portfolio, making the stock its 20th largest holding. Guidance Capital Inc. owned approximately 0.90% of iShares GNMA Bond ETF as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its position in shares of iShares GNMA Bond ETF by 74.9% in the first quarter. EverSource Wealth Advisors LLC now owns 796 shares of the company’s stock valued at $35,000 after purchasing an additional 341 shares during the last quarter. Focus Financial Network Inc. raised its position in shares of iShares GNMA Bond ETF by 1.7% during the 2nd quarter. Focus Financial Network Inc. now owns 21,096 shares of the company’s stock worth $933,000 after purchasing an additional 358 shares during the last quarter. Farther Finance Advisors LLC purchased a new stake in iShares GNMA Bond ETF in the 3rd quarter valued at approximately $27,000. Kestra Advisory Services LLC lifted its stake in iShares GNMA Bond ETF by 9.4% in the 1st quarter. Kestra Advisory Services LLC now owns 8,931 shares of the company’s stock valued at $396,000 after buying an additional 770 shares in the last quarter. Finally, IFP Advisors Inc purchased a new stake in iShares GNMA Bond ETF in the 3rd quarter valued at approximately $46,000.

iShares GNMA Bond ETF Trading Up 0.0%

GNMA stock traded up $0.01 during trading on Friday, hitting $43.01. The stock had a trading volume of 11,894 shares, compared to its average volume of 40,235. The company’s 50 day moving average price is $42.51 and its two-hundred day moving average price is $43.81. iShares GNMA Bond ETF has a 1-year low of $41.31 and a 1-year high of $45.49.

iShares GNMA Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were issued a dividend of $0.1625 per share. This represents a $1.95 annualized dividend and a dividend yield of 4.5%. This is a negative change from iShares GNMA Bond ETF’s previous monthly dividend of $0.1662. The ex-dividend date was Monday, November 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.