WASHINGTON TRUST Co Makes New $17.38 Million Investment in iShares Intermediate Government/Credit Bond ETF $GVI

WASHINGTON TRUST Co purchased a new stake in iShares Intermediate Government/Credit Bond ETF (BATS:GVI) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 168,583 shares of the company’s stock, valued at approximately $17,376,000.

Several other large investors have also recently added to or reduced their stakes in GVI. SVB Wealth LLC lifted its stake in shares of iShares Intermediate Government/Credit Bond ETF by 43.3% during the second quarter. SVB Wealth LLC now owns 102,040 shares of the company’s stock worth $10,826,000 after purchasing an additional 30,813 shares in the last quarter. Ferguson Wellman Capital Management Inc. purchased a new stake in shares of iShares Intermediate Government/Credit Bond ETF in the third quarter worth about $11,929,000. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of iShares Intermediate Government/Credit Bond ETF in the third quarter worth about $4,380,000. Risk Paradigm Group LLC acquired a new stake in shares of iShares Intermediate Government/Credit Bond ETF in the second quarter valued at about $23,801,000. Finally, Union Savings Bank grew its stake in shares of iShares Intermediate Government/Credit Bond ETF by 15.5% in the third quarter. Union Savings Bank now owns 52,121 shares of the company’s stock valued at $5,372,000 after buying an additional 7,013 shares in the last quarter.

iShares Intermediate Government/Credit Bond ETF Stock Performance

Shares of BATS:GVI traded down $0.09 during mid-day trading on Friday, hitting $103.95. 104,774 shares of the company traded hands, compared to its average volume of 165,665. iShares Intermediate Government/Credit Bond ETF has a 52-week low of $102.57 and a 52-week high of $108.34. The firm’s 50 day simple moving average is $104.06 and its 200 day simple moving average is $105.28.

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.