SVB Wealth LLC Makes New Investment in iShares Intermediate Government/Credit Bond ETF (BATS:GVI)

SVB Wealth LLC purchased a new stake in iShares Intermediate Government/Credit Bond ETF (BATS:GVI) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 139,076 shares of the company’s stock, valued at approximately $14,496,000.

Other hedge funds have also made changes to their positions in the company. New Hampshire Trust raised its position in shares of iShares Intermediate Government/Credit Bond ETF by 2.7% during the 4th quarter. New Hampshire Trust now owns 10,668 shares of the company’s stock valued at $1,112,000 after buying an additional 283 shares during the period. Vantage Investment Partners LLC raised its position in iShares Intermediate Government/Credit Bond ETF by 10.7% in the third quarter. Vantage Investment Partners LLC now owns 6,520 shares of the company’s stock valued at $698,000 after purchasing an additional 628 shares during the period. GAMMA Investing LLC lifted its stake in shares of iShares Intermediate Government/Credit Bond ETF by 40.4% in the 4th quarter. GAMMA Investing LLC now owns 2,830 shares of the company’s stock valued at $295,000 after purchasing an additional 814 shares during the last quarter. Continuum Advisory LLC lifted its stake in shares of iShares Intermediate Government/Credit Bond ETF by 123.5% in the 3rd quarter. Continuum Advisory LLC now owns 1,674 shares of the company’s stock valued at $175,000 after purchasing an additional 925 shares during the last quarter. Finally, Meritage Portfolio Management grew its holdings in shares of iShares Intermediate Government/Credit Bond ETF by 2.2% during the 3rd quarter. Meritage Portfolio Management now owns 52,611 shares of the company’s stock worth $5,635,000 after purchasing an additional 1,112 shares during the period.

iShares Intermediate Government/Credit Bond ETF Stock Performance

Shares of GVI opened at $105.90 on Friday. The firm has a 50-day moving average of $104.36 and a 200-day moving average of $105.30.

iShares Intermediate Government/Credit Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.3043 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

About iShares Intermediate Government/Credit Bond ETF

The iShares Intermediate Government\u002FCredit Bond ETF (GVI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasury, agency and investment-grade corporate bonds with remaining maturities of 1-10 years. GVI was launched on Jan 5, 2007 and is managed by BlackRock.