iShares GNMA Bond ETF (NASDAQ:GNMA) to Issue $0.16 Monthly Dividend

iShares GNMA Bond ETF (NASDAQ:GNMA) announced a monthly dividend on Monday, August 31st. Shareholders of record on Tuesday, September 1st will be paid a dividend of 0.1582 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Tuesday, September 1st.

iShares GNMA Bond ETF Price Performance

Shares of GNMA traded down $0.34 during midday trading on Tuesday, reaching $43.21. The stock had a trading volume of 240,360 shares, compared to its average volume of 37,481. The company’s fifty day simple moving average is $43.78 and its two-hundred day simple moving average is $44.19. iShares GNMA Bond ETF has a 1-year low of $43.07 and a 1-year high of $45.49.

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.