Bank of America Corp DE lifted its position in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 9.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,826 shares of the company’s stock after acquiring an additional 3,375 shares during the quarter. Bank of America Corp DE owned 1.90% of iShares GNMA Bond ETF worth $1,976,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada boosted its stake in shares of iShares GNMA Bond ETF by 141.5% during the 1st quarter. Royal Bank of Canada now owns 18,838 shares of the company’s stock worth $916,000 after acquiring an additional 11,039 shares in the last quarter. Crabel Capital Management LLC lifted its stake in iShares GNMA Bond ETF by 13.8% in the 2nd quarter. Crabel Capital Management LLC now owns 9,450 shares of the company’s stock valued at $457,000 after buying an additional 1,148 shares in the last quarter. Finally, Taylor Cottrill Erickson & Associates Inc. purchased a new position in iShares GNMA Bond ETF in the 2nd quarter valued at about $270,000.
Shares of iShares GNMA Bond ETF stock opened at $47.39 on Friday. iShares GNMA Bond ETF has a twelve month low of $47.29 and a twelve month high of $49.82.
The business also recently declared a monthly dividend, which was paid on Wednesday, November 7th. Investors of record on Friday, November 2nd were paid a $0.1291 dividend. The ex-dividend date of this dividend was Thursday, November 1st. This is a positive change from iShares GNMA Bond ETF’s previous monthly dividend of $0.12. This represents a $1.55 dividend on an annualized basis and a yield of 3.27%.
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