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

OneDigital Investment Advisors LLC lifted its stake in shares of iShares GNMA Bond ETF (NASDAQ:GNMA) by 1.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 229,265 shares of the company’s stock after purchasing an additional 3,703 shares during the quarter. OneDigital Investment Advisors LLC owned 2.83% of iShares GNMA Bond ETF worth $9,842,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Mather Group LLC. purchased a new stake in shares of iShares GNMA Bond ETF in the fourth quarter worth about $37,000. GeoWealth Management LLC grew its position in shares of iShares GNMA Bond ETF by 321.3% during the 4th quarter. GeoWealth Management LLC now owns 1,702 shares of the company’s stock valued at $73,000 after purchasing an additional 1,298 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in shares of iShares GNMA Bond ETF in the fourth quarter worth $230,000. Foster & Motley Inc. purchased a new stake in shares of iShares GNMA Bond ETF in the fourth quarter worth $234,000. Finally, Quotient Wealth Partners LLC bought a new stake in iShares GNMA Bond ETF during the fourth quarter valued at $235,000.

iShares GNMA Bond ETF Stock Performance

Shares of NASDAQ GNMA opened at $42.97 on Tuesday. The stock’s 50-day simple moving average is $43.56 and its two-hundred day simple moving average is $43.41. iShares GNMA Bond ETF has a twelve month low of $41.94 and a twelve 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. Investors of record on Tuesday, April 1st were given a $0.1532 dividend. This represents a $1.84 annualized dividend and a dividend yield of 4.28%. This is a boost from iShares GNMA Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Tuesday, April 1st.

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.