ShoreHaven Wealth Partners LLC Buys 845 Shares of iShares GNMA Bond ETF (NASDAQ:GNMA)

Posted by KOP Source Staff on May 8th, 2024

ShoreHaven Wealth Partners LLC increased its stake in iShares GNMA Bond ETF (NASDAQ:GNMA – Free Report) by 5.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,109 shares of the company’s stock after purchasing an additional 845 shares during the period. ShoreHaven Wealth Partners LLC owned approximately 0.17% of iShares GNMA Bond ETF worth $713,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Firethorn Wealth Partners LLC bought a new position in shares of iShares GNMA Bond ETF in the 4th quarter valued at $354,000. Level Financial Advisors Inc. raised its holdings in iShares GNMA Bond ETF by 35.6% in the 4th quarter. Level Financial Advisors Inc. now owns 7,896 shares of the company’s stock valued at $349,000 after buying an additional 2,072 shares during the last quarter. Merit Financial Group LLC acquired a new position in shares of iShares GNMA Bond ETF during the fourth quarter worth $591,000. FFG Retirement Advisors LLC acquired a new position in iShares GNMA Bond ETF during the 4th quarter worth about $6,748,000. Finally, Planned Solutions Inc. bought a new stake in shares of iShares GNMA Bond ETF in the 4th quarter valued at about $747,000.

iShares GNMA Bond ETF Trading Down 0.1 %

Shares of GNMA stock traded down $0.04 on Wednesday, hitting $42.77. The company had a trading volume of 15,630 shares, compared to its average volume of 62,325. The stock’s 50-day moving average is $42.86 and its two-hundred day moving average is $42.98. iShares GNMA Bond ETF has a twelve month low of $40.33 and a twelve month high of $44.66.

iShares GNMA Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were paid a $0.1421 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date was Wednesday, May 1st.

iShares GNMA Bond ETF Profile

(Free Report)

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.