iShares GNMA Bond ETF (NASDAQ:GNMA) Stock Short Interest Report for September

iShares GNMA Bond ETF (NASDAQ:GNMA) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 3,035 shares, a decline of 83.5% from the September 15th total of 18,344 shares. Based on an average daily volume of 75,588 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

iShares GNMA Bond ETF Stock Up 0.0%

NASDAQ GNMA traded up $0.01 during trading hours on Monday, hitting $41.86. 55,789 shares of the company’s stock traded hands, compared to its average volume of 39,256. The firm’s 50-day moving average is $42.95 and its 200-day moving average is $43.71. iShares GNMA Bond ETF has a 52-week low of $41.31 and a 52-week high of $45.49.

iShares GNMA Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.1662 dividend. This is a boost from iShares GNMA Bond ETF’s previous monthly dividend of $0.1582. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $1.99 annualized dividend and a dividend yield of 4.8%.

Hedge Funds Weigh In On iShares GNMA Bond ETF

Large investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC raised its holdings in iShares GNMA Bond ETF by 74.9% during the first quarter. EverSource Wealth Advisors LLC now owns 796 shares of the company’s stock worth $35,000 after purchasing an additional 341 shares in the last quarter. Focus Financial Network Inc. increased its position in iShares GNMA Bond ETF by 1.7% during the second quarter. Focus Financial Network Inc. now owns 21,096 shares of the company’s stock worth $933,000 after buying an additional 358 shares during the period. Farther Finance Advisors LLC acquired a new position in shares of iShares GNMA Bond ETF in the 3rd quarter valued at $27,000. Kestra Advisory Services LLC grew its position in iShares GNMA Bond ETF by 9.4% during the 1st quarter. Kestra Advisory Services LLC now owns 8,931 shares of the company’s stock worth $396,000 after purchasing an additional 770 shares during the last quarter. Finally, Eastern Bank acquired a new position in iShares GNMA Bond ETF in the third quarter valued at $55,000.

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.