Sanctuary Advisors LLC Has $5.96 Million Stake in iShares GNMA Bond ETF $GNMA

Sanctuary Advisors LLC lifted its stake in iShares GNMA Bond ETF (NASDAQ:GNMA) by 11.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 134,515 shares of the company’s stock after purchasing an additional 13,350 shares during the quarter. Sanctuary Advisors LLC owned 1.45% of iShares GNMA Bond ETF worth $5,963,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Advisory Services Network LLC purchased a new position in iShares GNMA Bond ETF during the third quarter valued at approximately $25,000. Creative Financial Designs Inc. ADV boosted its stake in shares of iShares GNMA Bond ETF by 83.2% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,142 shares of the company’s stock valued at $95,000 after buying an additional 973 shares during the period. Quotient Wealth Partners LLC purchased a new position in shares of iShares GNMA Bond ETF during the 4th quarter valued at $206,000. Ausdal Financial Partners Inc. purchased a new position in shares of iShares GNMA Bond ETF during the 4th quarter valued at $211,000. Finally, IVC Wealth Advisors LLC purchased a new position in shares of iShares GNMA Bond ETF during the 4th quarter valued at $212,000.

iShares GNMA Bond ETF Stock Performance

Shares of NASDAQ:GNMA opened at $43.88 on Friday. iShares GNMA Bond ETF has a 1 year low of $43.18 and a 1 year high of $45.49. The business has a fifty day simple moving average of $44.05 and a 200 day simple moving average of $44.41.

iShares GNMA Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a $0.1576 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Wednesday, July 1st. This is an increase from iShares GNMA Bond ETF’s previous monthly dividend of $0.15.

iShares GNMA Bond ETF 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.