Quotient Wealth Partners LLC Acquires New Position in iShares GNMA Bond ETF (NASDAQ:GNMA)

Quotient Wealth Partners LLC bought a new position in iShares GNMA Bond ETF (NASDAQ:GNMA) in the fourth quarter, Holdings Channel reports. The institutional investor bought 5,483 shares of the company’s stock, valued at approximately $235,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Park Avenue Securities LLC lifted its stake in shares of iShares GNMA Bond ETF by 17.9% in the 4th quarter. Park Avenue Securities LLC now owns 36,320 shares of the company’s stock valued at $1,559,000 after acquiring an additional 5,502 shares during the last quarter. DMC Group LLC lifted its position in iShares GNMA Bond ETF by 0.8% in the third quarter. DMC Group LLC now owns 34,749 shares of the company’s stock valued at $1,556,000 after purchasing an additional 263 shares during the last quarter. Prosperity Planning Inc. boosted its stake in shares of iShares GNMA Bond ETF by 6.6% during the fourth quarter. Prosperity Planning Inc. now owns 240,650 shares of the company’s stock valued at $10,331,000 after purchasing an additional 15,002 shares during the period. Merit Financial Group LLC bought a new position in shares of iShares GNMA Bond ETF in the fourth quarter worth approximately $725,000. Finally, Bigelow Investment Advisors LLC increased its stake in shares of iShares GNMA Bond ETF by 10.4% in the third quarter. Bigelow Investment Advisors LLC now owns 79,936 shares of the company’s stock worth $3,580,000 after buying an additional 7,558 shares during the period.

iShares GNMA Bond ETF Trading Down 0.1 %

NASDAQ:GNMA opened at $43.16 on Tuesday. iShares GNMA Bond ETF has a 52 week low of $41.91 and a 52 week high of $45.69. The company has a fifty day moving average of $43.07 and a 200 day moving average of $43.78.

iShares GNMA Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.1566 per share. This is a positive change from iShares GNMA Bond ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Monday, February 3rd.

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.