iShares GNMA Bond ETF (NASDAQ:GNMA) Short Interest Update

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

iShares GNMA Bond ETF Stock Up 0.0 %

Shares of NASDAQ:GNMA traded up $0.02 during midday trading on Wednesday, reaching $43.21. The company’s stock had a trading volume of 27,914 shares, compared to its average volume of 66,802. 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 business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.1487 per share. This is an increase from iShares GNMA Bond ETF’s previous monthly dividend of $0.15. This represents a $1.78 annualized dividend and a yield of 4.13%. The ex-dividend date of this dividend was Wednesday, December 18th.

Hedge Funds Weigh In On iShares GNMA Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Park Avenue Securities LLC raised its position in iShares GNMA Bond ETF by 17.9% during the fourth quarter. Park Avenue Securities LLC now owns 36,320 shares of the company’s stock valued at $1,559,000 after acquiring an additional 5,502 shares in the last quarter. First National Corp MA ADV increased its holdings in shares of iShares GNMA Bond ETF by 17.6% during the 3rd quarter. First National Corp MA ADV now owns 9,651 shares of the company’s stock valued at $432,000 after purchasing an additional 1,447 shares in the last quarter. DMC Group LLC lifted its stake in shares of iShares GNMA Bond ETF by 0.8% in the 3rd quarter. DMC Group LLC now owns 34,749 shares of the company’s stock valued at $1,556,000 after purchasing an additional 263 shares during the period. McGuire Investment Group LLC boosted its holdings in iShares GNMA Bond ETF by 6.8% during the third quarter. McGuire Investment Group LLC now owns 131,846 shares of the company’s stock worth $5,905,000 after buying an additional 8,363 shares in the last quarter. Finally, LifePlan Financial LLC grew its position in iShares GNMA Bond ETF by 12.1% during the third quarter. LifePlan Financial LLC now owns 45,534 shares of the company’s stock valued at $2,039,000 after buying an additional 4,931 shares during the period.

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.