iShares Intermediate Government/Credit Bond ETF (BATS:GVI) Reaches New 1-Year Low – Here’s What Happened

iShares Intermediate Government/Credit Bond ETF (BATS:GVI) reached a new 52-week low on Tuesday . The stock traded as low as $104.73 and last traded at $104.73, with a volume of 1992 shares changing hands. The stock had previously closed at $105.15.

iShares Intermediate Government/Credit Bond ETF Stock Performance

The company has a 50-day moving average of $105.52 and a 200 day moving average of $106.22.

Institutional Investors Weigh In On iShares Intermediate Government/Credit Bond ETF

Large investors have recently modified their holdings of the business. Parallel Advisors LLC raised its position in shares of iShares Intermediate Government/Credit Bond ETF by 114.3% in the third quarter. Parallel Advisors LLC now owns 375 shares of the company’s stock valued at $40,000 after buying an additional 200 shares during the last quarter. Ascentis Independent Advisors acquired a new position in iShares Intermediate Government/Credit Bond ETF during the first quarter worth about $54,000. Arax Advisory Partners acquired a new position in iShares Intermediate Government/Credit Bond ETF during the fourth quarter worth about $64,000. Nalls Sherbakoff Group LLC purchased a new stake in iShares Intermediate Government/Credit Bond ETF during the 4th quarter valued at about $97,000. Finally, First PREMIER Bank purchased a new stake in iShares Intermediate Government/Credit Bond ETF during the 2nd quarter valued at about $106,000.

iShares Intermediate Government/Credit Bond ETF Company 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.