Alliance Wealth Advisors LLC UT Acquires New Holdings in iShares GNMA Bond ETF (NASDAQ:GNMA)

Alliance Wealth Advisors LLC UT acquired a new stake in iShares GNMA Bond ETF (NASDAQ:GNMA) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 24,232 shares of the company’s stock, valued at approximately $1,072,000. Alliance Wealth Advisors LLC UT owned about 0.26% of iShares GNMA Bond ETF at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Investors Research Corp boosted its stake in shares of iShares GNMA Bond ETF by 8.0% during the 3rd quarter. Investors Research Corp now owns 4,698 shares of the company’s stock worth $196,000 after purchasing an additional 346 shares during the last quarter. Patriot Financial Group Insurance Agency LLC boosted its stake in shares of iShares GNMA Bond ETF by 7.0% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 5,287 shares of the company’s stock worth $234,000 after purchasing an additional 347 shares during the last quarter. Baystate Wealth Management LLC boosted its stake in shares of iShares GNMA Bond ETF by 615.1% during the 3rd quarter. Baystate Wealth Management LLC now owns 665 shares of the company’s stock worth $28,000 after purchasing an additional 572 shares during the last quarter. Fortitude Family Office LLC acquired a new stake in shares of iShares GNMA Bond ETF during the 4th quarter worth about $37,000. Finally, Park Place Capital Corp acquired a new stake in shares of iShares GNMA Bond ETF during the 4th quarter worth about $38,000.

iShares GNMA Bond ETF Price Performance

Shares of iShares GNMA Bond ETF stock traded up $0.12 during mid-day trading on Friday, hitting $42.24. 124,750 shares of the 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 company has a 50-day simple moving average of $42.94 and a 200 day simple moving average of $42.89.

iShares GNMA Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.1628 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $1.95 annualized dividend and a dividend 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.