Matrix Trust Co Invests $111,000 in iShares GNMA Bond ETF (NASDAQ:GNMA)

Matrix Trust Co acquired a new position in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,507 shares of the company’s stock, valued at approximately $111,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. 3EDGE Asset Management LP acquired a new position in iShares GNMA Bond ETF during the fourth quarter valued at approximately $50,977,000. Northland Capital Management LLC acquired a new position in iShares GNMA Bond ETF during the fourth quarter valued at approximately $18,077,000. FFG Retirement Advisors LLC acquired a new position in iShares GNMA Bond ETF during the fourth quarter valued at approximately $6,748,000. Raymond James Financial Services Advisors Inc. boosted its position in iShares GNMA Bond ETF by 270.7% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 149,606 shares of the company’s stock valued at $6,251,000 after purchasing an additional 109,248 shares during the last quarter. Finally, Farmers & Merchants Investments Inc. acquired a new position in iShares GNMA Bond ETF during the third quarter valued at approximately $2,212,000.

iShares GNMA Bond ETF Price Performance

NASDAQ:GNMA traded up $0.12 on Friday, hitting $42.24. The company’s stock had a trading volume of 124,750 shares, compared to its average volume of 66,514. The stock has a fifty day moving average of $42.94 and a two-hundred day moving average of $42.89. iShares GNMA Bond ETF has a one year low of $40.33 and a one year high of $44.89.

iShares GNMA Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a $0.1628 dividend. The ex-dividend date was Monday, April 1st. This represents a $1.95 annualized dividend and a yield of 4.62%.

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.