Modern Wealth Management LLC Trims Stock Position in iShares Government/Credit Bond ETF (NYSEARCA:GBF)

Modern Wealth Management LLC trimmed its stake in iShares Government/Credit Bond ETF (NYSEARCA:GBF) by 5.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,435 shares of the company’s stock after selling 248 shares during the period. Modern Wealth Management LLC’s holdings in iShares Government/Credit Bond ETF were worth $456,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GBF. Hilltop Holdings Inc. grew its holdings in shares of iShares Government/Credit Bond ETF by 5.9% during the third quarter. Hilltop Holdings Inc. now owns 10,701 shares of the company’s stock worth $1,143,000 after purchasing an additional 592 shares during the last quarter. Jane Street Group LLC boosted its position in shares of iShares Government/Credit Bond ETF by 253.7% in the 3rd quarter. Jane Street Group LLC now owns 34,379 shares of the company’s stock valued at $3,673,000 after purchasing an additional 24,658 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in iShares Government/Credit Bond ETF during the 3rd quarter worth approximately $489,000. Destination Wealth Management increased its position in iShares Government/Credit Bond ETF by 2.6% during the third quarter. Destination Wealth Management now owns 172,390 shares of the company’s stock worth $18,418,000 after buying an additional 4,416 shares during the period. Finally, Marcum Wealth LLC purchased a new stake in iShares Government/Credit Bond ETF in the fourth quarter valued at approximately $2,841,000.

iShares Government/Credit Bond ETF Price Performance

GBF stock opened at $103.32 on Friday. The business has a 50 day simple moving average of $103.21 and a 200-day simple moving average of $103.84. iShares Government/Credit Bond ETF has a twelve month low of $98.44 and a twelve month high of $107.84.

iShares Government/Credit Bond ETF Profile

iShares Government/Credit Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States dollar-denominated government, government-related and investment-grade the United States corporate bonds. The Fund seeks to track the investment results of the Barclays U.S.