iShares GNMA Bond ETF (NASDAQ:GNMA) Short Interest Down 86.9% in January

iShares GNMA Bond ETF (NASDAQ:GNMA) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 3,000 shares, a decline of 86.9% from the December 31st total of 22,900 shares. Based on an average daily trading volume, of 34,300 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of iShares GNMA Bond ETF

Hedge funds have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its stake in iShares GNMA Bond ETF by 32.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 47,006 shares of the company’s stock valued at $2,025,000 after buying an additional 11,462 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of iShares GNMA Bond ETF in the 2nd quarter worth $5,161,000. LifePlan Financial LLC boosted its position in shares of iShares GNMA Bond ETF by 12.1% during the 3rd quarter. LifePlan Financial LLC now owns 45,534 shares of the company’s stock valued at $2,039,000 after acquiring an additional 4,931 shares during the last quarter. Prosperity Planning Inc. raised its stake in iShares GNMA Bond ETF by 4.6% during the third quarter. Prosperity Planning Inc. now owns 225,648 shares of the company’s stock worth $10,107,000 after purchasing an additional 10,001 shares during the period. Finally, First National Corp MA ADV grew its stake in shares of iShares GNMA Bond ETF by 17.6% in the 3rd quarter. First National Corp MA ADV now owns 9,651 shares of the company’s stock valued at $432,000 after buying an additional 1,447 shares during the period.

iShares GNMA Bond ETF Stock Up 0.2 %

Shares of NASDAQ:GNMA traded up $0.09 during midday trading on Tuesday, reaching $43.19. The company’s stock had a trading volume of 12,523 shares, compared to its average volume of 69,131. The stock has a fifty day moving average of $43.15 and a 200 day moving average of $43.80. iShares GNMA Bond ETF has a twelve month low of $41.91 and a twelve month 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 paid a dividend of $0.1487 per share. This is a boost 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 dividend on an annualized basis and a dividend yield of 4.13%.

About iShares GNMA Bond ETF

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.