JPMorgan Chase & Co. Has $27 Million Stock Position in iShares GNMA Bond ETF $GNMA

JPMorgan Chase & Co. lowered its position in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 7.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 614,377 shares of the company’s stock after selling 47,680 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.07% of iShares GNMA Bond ETF worth $27,002,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in GNMA. Shared Vision Wealth Group LLC raised its holdings in iShares GNMA Bond ETF by 20.5% during the 2nd quarter. Shared Vision Wealth Group LLC now owns 6,036 shares of the company’s stock worth $263,000 after purchasing an additional 1,026 shares during the last quarter. Hills Bank & Trust Co bought a new stake in shares of iShares GNMA Bond ETF during the second quarter worth approximately $101,000. Mayflower Financial Advisors LLC lifted its holdings in iShares GNMA Bond ETF by 3.7% in the second quarter. Mayflower Financial Advisors LLC now owns 14,619 shares of the company’s stock valued at $643,000 after buying an additional 524 shares during the period. Envestnet Asset Management Inc. lifted its holdings in iShares GNMA Bond ETF by 66.4% in the second quarter. Envestnet Asset Management Inc. now owns 88,073 shares of the company’s stock valued at $3,871,000 after buying an additional 35,158 shares during the period. Finally, Beverly Hills Private Wealth LLC boosted its stake in iShares GNMA Bond ETF by 11.9% in the second quarter. Beverly Hills Private Wealth LLC now owns 110,423 shares of the company’s stock valued at $4,853,000 after acquiring an additional 11,728 shares during the last quarter.

iShares GNMA Bond ETF Trading Up 0.2%

Shares of iShares GNMA Bond ETF stock opened at $44.58 on Thursday. The firm has a fifty day moving average of $44.58 and a two-hundred day moving average of $44.02. iShares GNMA Bond ETF has a 52 week low of $42.00 and a 52 week high of $45.34.

iShares GNMA Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Monday, December 1st will be paid a $0.1553 dividend. The ex-dividend date of this dividend is Monday, December 1st. This is a positive change from iShares GNMA Bond ETF’s previous monthly dividend of $0.15. This represents a c) annualized dividend and a yield of 4.2%.

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.