iShares Government/Credit Bond ETF (NYSEARCA:GBF) Short Interest Down 60.7% in February

iShares Government/Credit Bond ETF (NYSEARCA:GBFGet Free Report) was the recipient of a significant decline in short interest in February. As of February 27th, there was short interest totaling 913 shares, a decline of 60.7% from the February 12th total of 2,324 shares. Based on an average daily trading volume, of 12,036 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 12,036 shares, the days-to-cover ratio is currently 0.1 days.

iShares Government/Credit Bond ETF Trading Down 0.4%

iShares Government/Credit Bond ETF stock opened at $104.99 on Wednesday. The company has a 50 day moving average of $105.24 and a 200-day moving average of $105.31. iShares Government/Credit Bond ETF has a twelve month low of $100.46 and a twelve month high of $106.43.

Hedge Funds Weigh In On iShares Government/Credit Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GBF. D L Carlson Investment Group Inc. bought a new position in iShares Government/Credit Bond ETF during the 2nd quarter worth about $1,963,000. Bank of America Corp DE lifted its holdings in shares of iShares Government/Credit Bond ETF by 13.7% in the third quarter. Bank of America Corp DE now owns 104,384 shares of the company’s stock valued at $10,997,000 after purchasing an additional 12,565 shares in the last quarter. Destination Wealth Management boosted its position in shares of iShares Government/Credit Bond ETF by 4.9% during the fourth quarter. Destination Wealth Management now owns 201,384 shares of the company’s stock worth $21,085,000 after buying an additional 9,452 shares during the period. Jane Street Group LLC boosted its position in shares of iShares Government/Credit Bond ETF by 28.3% during the first quarter. Jane Street Group LLC now owns 36,600 shares of the company’s stock worth $3,812,000 after buying an additional 8,071 shares during the period. Finally, Susquehanna International Group LLP grew its holdings in shares of iShares Government/Credit Bond ETF by 129.3% during the third quarter. Susquehanna International Group LLP now owns 11,172 shares of the company’s stock worth $1,177,000 after buying an additional 6,299 shares in the last quarter.

iShares Government/Credit Bond ETF Company Profile

(Get Free Report)

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. Government/Credit Bond Index (the Underlying Index), which measures the performance of the United States dollar-denominated United States Treasury bonds, government-related bonds (i.e., the United States and foreign agencies, sovereign, supranational and local authority debt) and investment-grade United States corporate bonds, which have a remaining maturity of greater than or equal to one year.

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