DMC Group LLC Purchases 263 Shares of iShares GNMA Bond ETF (NASDAQ:GNMA)

DMC Group LLC boosted its position in iShares GNMA Bond ETF (NASDAQ:GNMA) by 0.8% during the third quarter, Holdings Channel.com reports. The fund owned 34,749 shares of the company’s stock after acquiring an additional 263 shares during the period. iShares GNMA Bond ETF accounts for 1.3% of DMC Group LLC’s holdings, making the stock its 15th largest holding. DMC Group LLC’s holdings in iShares GNMA Bond ETF were worth $1,556,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. CWM LLC boosted its holdings in shares of iShares GNMA Bond ETF by 402.5% during the second quarter. CWM LLC now owns 990 shares of the company’s stock worth $43,000 after purchasing an additional 793 shares during the period. Advisors Asset Management Inc. raised its position in iShares GNMA Bond ETF by 159.5% during 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 during the last quarter. Payden & Rygel Investment Group purchased a new stake in iShares GNMA Bond ETF in the first quarter worth $198,000. Fullcircle Wealth LLC purchased a new position in shares of iShares GNMA Bond ETF during the second quarter valued at about $265,000. Finally, Patriot Financial Group Insurance Agency LLC increased its position in shares of iShares GNMA Bond ETF by 4.9% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 6,373 shares of the company’s stock valued at $274,000 after buying an additional 300 shares during the period.

iShares GNMA Bond ETF Stock Performance

Shares of GNMA opened at $44.15 on Friday. The company has a 50-day simple moving average of $44.59 and a two-hundred day simple moving average of $43.59. iShares GNMA Bond ETF has a one year low of $40.33 and a one year high of $45.69.

iShares GNMA Bond ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.1503 dividend. The ex-dividend date was Tuesday, September 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.