DMC Group LLC Grows Position in iShares GNMA Bond ETF (NASDAQ:GNMA)

DMC Group LLC lifted its holdings in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 0.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,749 shares of the company’s stock after purchasing an additional 263 shares during the quarter. iShares GNMA Bond ETF accounts for approximately 1.3% of DMC Group LLC’s portfolio, making the stock its 15th largest position. DMC Group LLC owned about 0.49% of iShares GNMA Bond ETF worth $1,556,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. CWM LLC grew its stake in iShares GNMA Bond ETF by 402.5% in the 2nd quarter. CWM LLC now owns 990 shares of the company’s stock worth $43,000 after buying an additional 793 shares in the last quarter. Advisors Asset Management Inc. grew its position in iShares GNMA Bond ETF by 159.5% in the first quarter. Advisors Asset Management Inc. now owns 4,035 shares of the company’s stock worth $175,000 after acquiring an additional 2,480 shares in the last quarter. Payden & Rygel Investment Group bought a new position in iShares GNMA Bond ETF in the first quarter valued at $198,000. Fullcircle Wealth LLC purchased a new stake in iShares GNMA Bond ETF during the second quarter valued at about $265,000. Finally, Patriot Financial Group Insurance Agency LLC lifted its stake in iShares GNMA Bond ETF by 4.9% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 6,373 shares of the company’s stock worth $274,000 after purchasing an additional 300 shares during the last quarter.

iShares GNMA Bond ETF Stock Performance

NASDAQ:GNMA opened at $44.15 on Friday. The business has a 50 day moving average of $44.59 and a 200 day moving average of $43.59. iShares GNMA Bond ETF has a 1-year low of $40.33 and a 1-year high of $45.69.

iShares GNMA Bond ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.1503 per share. The ex-dividend date was Tuesday, September 3rd.

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.