iShares GNMA Bond ETF (NASDAQ:GNMA) Share Price Pass Above 200 Day Moving Average – Time to Sell?

iShares GNMA Bond ETF (NASDAQ:GNMA)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $43.82 and traded as high as $43.82. iShares GNMA Bond ETF shares last traded at $43.79, with a volume of 17,576 shares.

iShares GNMA Bond ETF Stock Performance

The stock’s 50 day moving average is $43.77 and its two-hundred day moving average is $43.82.

iShares GNMA Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were given a $0.1396 dividend. The ex-dividend date was Monday, December 2nd.

Institutional Trading of iShares GNMA Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. First National Corp MA ADV lifted its holdings in iShares GNMA Bond ETF by 17.6% during the third quarter. First National Corp MA ADV now owns 9,651 shares of the company’s stock worth $432,000 after acquiring an additional 1,447 shares in the last quarter. DMC Group LLC grew its position in shares of iShares GNMA Bond ETF by 0.8% in the 3rd quarter. DMC Group LLC now owns 34,749 shares of the company’s stock valued at $1,556,000 after purchasing an additional 263 shares during the period. CWM LLC increased its stake in iShares GNMA Bond ETF by 402.5% during the 2nd quarter. CWM LLC now owns 990 shares of the company’s stock worth $43,000 after purchasing an additional 793 shares in the last quarter. LifePlan Financial LLC raised its holdings in iShares GNMA Bond ETF by 12.1% during the 3rd quarter. LifePlan Financial LLC now owns 45,534 shares of the company’s stock worth $2,039,000 after buying an additional 4,931 shares during the period. Finally, McGuire Investment Group LLC lifted its stake in iShares GNMA Bond ETF by 6.8% in the third quarter. McGuire Investment Group LLC now owns 131,846 shares of the company’s stock valued at $5,905,000 after buying an additional 8,363 shares in the last quarter.

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.