Alliance Wealth Advisors LLC UT Makes New Investment in iShares GNMA Bond ETF (NASDAQ:GNMA)

Alliance Wealth Advisors LLC UT purchased a new position in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) during the 4th quarter, Holdings Channel.com reports. The fund purchased 24,232 shares of the company’s stock, valued at approximately $1,072,000.

Other institutional investors have also recently made changes to their positions in the company. 3EDGE Asset Management LP acquired a new position in shares of iShares GNMA Bond ETF during the 4th quarter worth approximately $50,977,000. Northland Capital Management LLC acquired a new position in shares of iShares GNMA Bond ETF during the 4th quarter worth approximately $18,077,000. Prosperity Planning Inc. increased its holdings in shares of iShares GNMA Bond ETF by 6.3% during the 3rd quarter. Prosperity Planning Inc. now owns 157,392 shares of the company’s stock worth $6,576,000 after acquiring an additional 9,332 shares during the last quarter. FFG Retirement Advisors LLC acquired a new position in shares of iShares GNMA Bond ETF during the 4th quarter worth approximately $6,748,000. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in shares of iShares GNMA Bond ETF by 270.7% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 149,606 shares of the company’s stock worth $6,251,000 after acquiring an additional 109,248 shares during the last quarter.

iShares GNMA Bond ETF Stock Up 0.3 %

Shares of GNMA stock traded up $0.12 during trading on Friday, reaching $42.24. 124,750 shares of the company’s stock were exchanged, compared to its average volume of 66,514. iShares GNMA Bond ETF has a twelve month low of $40.33 and a twelve month high of $44.89. The firm’s fifty day moving average price is $42.94 and its 200-day moving average price is $42.89.

iShares GNMA Bond ETF Announces Dividend

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

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.