OneDigital Investment Advisors LLC Increases Stock Position in iShares GNMA Bond ETF (NASDAQ:GNMA)

OneDigital Investment Advisors LLC raised its position in iShares GNMA Bond ETF (NASDAQ:GNMA) by 1.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 229,265 shares of the company’s stock after purchasing an additional 3,703 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in iShares GNMA Bond ETF were worth $9,842,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of GNMA. Mather Group LLC. purchased a new position in iShares GNMA Bond ETF during the 4th quarter valued at about $37,000. GeoWealth Management LLC increased its stake in shares of iShares GNMA Bond ETF by 321.3% during the fourth quarter. GeoWealth Management LLC now owns 1,702 shares of the company’s stock valued at $73,000 after buying an additional 1,298 shares during the period. Ashton Thomas Private Wealth LLC purchased a new stake in iShares GNMA Bond ETF in the fourth quarter worth $230,000. Foster & Motley Inc. bought a new stake in iShares GNMA Bond ETF in the fourth quarter valued at $234,000. Finally, Quotient Wealth Partners LLC purchased a new position in iShares GNMA Bond ETF during the 4th quarter valued at $235,000.

iShares GNMA Bond ETF Stock Performance

Shares of NASDAQ GNMA opened at $42.97 on Tuesday. The firm has a fifty day simple moving average of $43.56 and a two-hundred day simple moving average of $43.41. iShares GNMA Bond ETF has a 12 month low of $41.94 and a 12 month high of $45.69.

iShares GNMA Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were issued a $0.1532 dividend. The ex-dividend date was Tuesday, April 1st. This is a positive change from iShares GNMA Bond ETF’s previous monthly dividend of $0.15. This represents a $1.84 annualized dividend and a yield of 4.28%.

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.