2,507 Shares in iShares GNMA Bond ETF (NASDAQ:GNMA) Acquired by Matrix Trust Co

Matrix Trust Co bought a new stake in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 2,507 shares of the company’s stock, valued at approximately $111,000.

Other hedge funds also recently bought and sold shares of the company. Firethorn Wealth Partners LLC acquired a new stake in iShares GNMA Bond ETF during the fourth quarter worth approximately $354,000. Level Financial Advisors Inc. grew its position in shares of iShares GNMA Bond ETF by 35.6% in the fourth quarter. Level Financial Advisors Inc. now owns 7,896 shares of the company’s stock valued at $349,000 after purchasing an additional 2,072 shares during the period. FFG Retirement Advisors LLC acquired a new position in iShares GNMA Bond ETF in the fourth quarter valued at $6,748,000. Planned Solutions Inc. purchased a new position in iShares GNMA Bond ETF during the fourth quarter worth about $747,000. Finally, Myecfo LLC boosted its stake in iShares GNMA Bond ETF by 3.2% in the 4th quarter. Myecfo LLC now owns 49,635 shares of the company’s stock worth $2,198,000 after buying an additional 1,520 shares during the last quarter.

iShares GNMA Bond ETF Stock Up 0.3 %

GNMA traded up $0.12 during midday trading on Friday, hitting $42.24. The company’s stock had a trading volume of 124,750 shares, compared to its average volume of 66,514. iShares GNMA Bond ETF has a 52-week low of $40.33 and a 52-week high of $44.89. The firm has a 50-day moving average price of $42.94 and a two-hundred day moving average price of $42.89.

iShares GNMA Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.1628 per share. This represents a $1.95 annualized dividend and a yield of 4.62%. The ex-dividend date of this dividend was Monday, April 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.