Ferguson Wellman Capital Management Inc. Purchases New Stake in iShares Intermediate Government/Credit Bond ETF $GVI

Ferguson Wellman Capital Management Inc. acquired a new position in shares of iShares Intermediate Government/Credit Bond ETF (BATS:GVI) during the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 114,453 shares of the company’s stock, valued at approximately $12,210,000.

A number of other hedge funds have also recently made changes to their positions in the business. Vantage Investment Partners LLC increased its position in shares of iShares Intermediate Government/Credit Bond ETF by 3.2% during the first quarter. Vantage Investment Partners LLC now owns 15,058 shares of the company’s stock worth $1,606,000 after acquiring an additional 465 shares in the last quarter. Isthmus Partners LLC acquired a new position in iShares Intermediate Government/Credit Bond ETF during the 1st quarter valued at about $6,144,000. McLaughlin Asset Management Inc. increased its holdings in iShares Intermediate Government/Credit Bond ETF by 12.4% during the 1st quarter. McLaughlin Asset Management Inc. now owns 8,669 shares of the company’s stock worth $925,000 after purchasing an additional 953 shares in the last quarter. Ascentis Independent Advisors purchased a new stake in shares of iShares Intermediate Government/Credit Bond ETF in the first quarter worth approximately $54,000. Finally, Janney Montgomery Scott LLC raised its stake in shares of iShares Intermediate Government/Credit Bond ETF by 31.4% in the first quarter. Janney Montgomery Scott LLC now owns 6,050 shares of the company’s stock worth $645,000 after purchasing an additional 1,444 shares during the last quarter.

iShares Intermediate Government/Credit Bond ETF Stock Down 0.1%

Shares of GVI stock traded down $0.09 during trading hours on Friday, reaching $105.50. The company had a trading volume of 103,178 shares, compared to its average volume of 181,434. iShares Intermediate Government/Credit Bond ETF has a 12 month low of $105.34 and a 12 month high of $108.34. The business has a fifty day simple moving average of $105.92 and a 200-day simple moving average of $106.72.

iShares Intermediate Government/Credit Bond ETF Profile

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.