Ashton Thomas Private Wealth LLC Makes New $230,000 Investment in iShares GNMA Bond ETF (NASDAQ:GNMA)

Ashton Thomas Private Wealth LLC bought a new position in iShares GNMA Bond ETF (NASDAQ:GNMA) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 5,352 shares of the company’s stock, valued at approximately $230,000.

Several other large investors have also added to or reduced their stakes in GNMA. Advisors Asset Management Inc. boosted its stake in iShares GNMA Bond ETF by 54.3% in the 3rd quarter. Advisors Asset Management Inc. now owns 11,481 shares of the company’s stock worth $514,000 after purchasing an additional 4,040 shares during the period. StoneX Group Inc. boosted its position in shares of iShares GNMA Bond ETF by 38.5% during the 3rd quarter. StoneX Group Inc. now owns 23,282 shares of the company’s stock valued at $1,043,000 after acquiring an additional 6,475 shares during the last quarter. MML Investors Services LLC boosted its position in shares of iShares GNMA Bond ETF by 27.5% during the 3rd quarter. MML Investors Services LLC now owns 15,698 shares of the company’s stock valued at $703,000 after acquiring an additional 3,390 shares during the last quarter. Sanctuary Advisors LLC boosted its position in shares of iShares GNMA Bond ETF by 6.6% during the 3rd quarter. Sanctuary Advisors LLC now owns 130,231 shares of the company’s stock valued at $5,646,000 after acquiring an additional 8,050 shares during the last quarter. Finally, Park Avenue Securities LLC boosted its position in shares of iShares GNMA Bond ETF by 17.9% during the 4th quarter. Park Avenue Securities LLC now owns 36,320 shares of the company’s stock valued at $1,559,000 after acquiring an additional 5,502 shares during the last quarter.

iShares GNMA Bond ETF Trading Down 0.3 %

Shares of GNMA opened at $43.67 on Wednesday. The stock has a 50-day moving average price of $43.15 and a 200-day moving average price of $43.69. iShares GNMA Bond ETF has a 12-month low of $41.91 and a 12-month high of $45.69.

iShares GNMA Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a $0.1514 dividend. The ex-dividend date was Monday, March 3rd.

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.