Pillar Financial Advisors LLC Makes New $534,000 Investment in iShares GNMA Bond ETF (NASDAQ:GNMA)

Pillar Financial Advisors LLC purchased a new position in iShares GNMA Bond ETF (NASDAQ:GNMA) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 12,446 shares of the company’s stock, valued at approximately $534,000. iShares GNMA Bond ETF accounts for 0.4% of Pillar Financial Advisors LLC’s holdings, making the stock its 27th largest position. Pillar Financial Advisors LLC owned approximately 0.15% of iShares GNMA Bond ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Mather Group LLC. acquired a new position in shares of iShares GNMA Bond ETF during the fourth quarter valued at $37,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of iShares GNMA Bond ETF in the fourth quarter valued at approximately $230,000. Foster & Motley Inc. bought a new position in shares of iShares GNMA Bond ETF during the fourth quarter worth approximately $234,000. Quotient Wealth Partners LLC bought a new position in iShares GNMA Bond ETF during the 4th quarter worth $235,000. Finally, Stratos Wealth Advisors LLC bought a new position in shares of iShares GNMA Bond ETF in the 4th quarter valued at $241,000.

iShares GNMA Bond ETF Price Performance

NASDAQ GNMA opened at $43.60 on Friday. iShares GNMA Bond ETF has a twelve month low of $41.91 and a twelve month high of $45.69. The business’s fifty day moving average is $43.12 and its 200 day moving average is $43.71.

iShares GNMA Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.1514 per share. The ex-dividend date was Monday, March 3rd.

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.