iShares GNMA Bond ETF (NASDAQ:GNMA) Short Interest Down 93.4% in June

iShares GNMA Bond ETF (NASDAQ:GNMA) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totalling 600 shares, a decrease of 93.4% from the May 31st total of 9,100 shares. Based on an average daily trading volume, of 31,500 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On iShares GNMA Bond ETF

A number of large investors have recently modified their holdings of the business. Advisors Asset Management Inc. boosted its holdings in shares of iShares GNMA Bond ETF by 159.5% in the 1st quarter. Advisors Asset Management Inc. now owns 4,035 shares of the company’s stock valued at $175,000 after purchasing an additional 2,480 shares in the last quarter. Payden & Rygel Investment Group acquired a new stake in shares of iShares GNMA Bond ETF in the 1st quarter valued at $198,000. Portland Global Advisors LLC acquired a new stake in shares of iShares GNMA Bond ETF in the 1st quarter valued at $1,050,000. TSA Wealth Managment LLC boosted its holdings in shares of iShares GNMA Bond ETF by 0.8% in the 1st quarter. TSA Wealth Managment LLC now owns 49,411 shares of the company’s stock valued at $2,144,000 after purchasing an additional 390 shares in the last quarter. Finally, Argent Advisors Inc. boosted its holdings in shares of iShares GNMA Bond ETF by 14.3% in the 1st quarter. Argent Advisors Inc. now owns 20,755 shares of the company’s stock valued at $901,000 after purchasing an additional 2,601 shares in the last quarter.

iShares GNMA Bond ETF Price Performance

Shares of NASDAQ:GNMA opened at $43.07 on Friday. iShares GNMA Bond ETF has a 1 year low of $40.33 and a 1 year high of $44.41. The business’s 50 day simple moving average is $42.87 and its 200 day simple moving average is $43.22.

iShares GNMA Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were issued a $0.1493 dividend. This represents a $1.79 dividend on an annualized basis and a dividend yield of 4.16%. The ex-dividend date of this dividend was Monday, June 3rd.

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.