Madison Asset Management LLC acquired a new stake in iShares Intermediate Government/Credit Bond ETF (BATS:GVI – Free Report) in the first quarter, Holdings Channel reports. The institutional investor acquired 11,151 shares of the company’s stock, valued at approximately $1,190,000.
A number of other large investors have also modified their holdings of the company. Ferguson Wellman Capital Management Inc. acquired a new stake in shares of iShares Intermediate Government/Credit Bond ETF during the 1st quarter valued at about $12,210,000. Isthmus Partners LLC acquired a new position in iShares Intermediate Government/Credit Bond ETF in the 1st quarter worth about $6,144,000. Bessemer Group Inc. boosted its position in iShares Intermediate Government/Credit Bond ETF by 32.8% during the first quarter. Bessemer Group Inc. now owns 218,536 shares of the company’s stock worth $23,313,000 after purchasing an additional 53,936 shares in the last quarter. Union Savings Bank purchased a new position in iShares Intermediate Government/Credit Bond ETF during the fourth quarter worth approximately $4,092,000. Finally, Bank of New York Mellon Corp grew its holdings in iShares Intermediate Government/Credit Bond ETF by 5.6% in the first quarter. Bank of New York Mellon Corp now owns 656,951 shares of the company’s stock valued at $70,084,000 after purchasing an additional 35,096 shares during the period.
iShares Intermediate Government/Credit Bond ETF Price Performance
Shares of GVI opened at $105.25 on Thursday. iShares Intermediate Government/Credit Bond ETF has a 12 month low of $105.23 and a 12 month high of $108.34. The stock’s 50 day moving average is $105.79 and its two-hundred day moving average is $106.61.
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.
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