Horizon Bancorp Inc. IN Cuts Holdings in iShares Intermediate Government/Credit Bond ETF (BATS:GVI)

Horizon Bancorp Inc. IN decreased its position in iShares Intermediate Government/Credit Bond ETF (BATS:GVI) by 18.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 296,950 shares of the company’s stock after selling 68,074 shares during the quarter. iShares Intermediate Government/Credit Bond ETF comprises approximately 14.6% of Horizon Bancorp Inc. IN’s investment portfolio, making the stock its 2nd largest position. Horizon Bancorp Inc. IN’s holdings in iShares Intermediate Government/Credit Bond ETF were worth $30,951,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in iShares Intermediate Government/Credit Bond ETF by 1,037.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 644,017 shares of the company’s stock valued at $68,974,000 after buying an additional 587,394 shares during the last quarter. Captrust Financial Advisors grew its holdings in shares of iShares Intermediate Government/Credit Bond ETF by 8.8% in the third quarter. Captrust Financial Advisors now owns 163,209 shares of the company’s stock valued at $17,480,000 after purchasing an additional 13,203 shares in the last quarter. Greenleaf Trust raised its position in iShares Intermediate Government/Credit Bond ETF by 4.2% during the third quarter. Greenleaf Trust now owns 161,362 shares of the company’s stock valued at $17,282,000 after purchasing an additional 6,564 shares during the period. Community Trust & Investment Co. boosted its stake in shares of iShares Intermediate Government/Credit Bond ETF by 8.8% during the 3rd quarter. Community Trust & Investment Co. now owns 80,764 shares of the company’s stock worth $8,650,000 after purchasing an additional 6,544 shares during the period. Finally, Meritage Portfolio Management increased its stake in iShares Intermediate Government/Credit Bond ETF by 2.2% in the third quarter. Meritage Portfolio Management now owns 52,611 shares of the company’s stock worth $5,635,000 after purchasing an additional 1,112 shares during the period.

iShares Intermediate Government/Credit Bond ETF Stock Performance

Shares of iShares Intermediate Government/Credit Bond ETF stock opened at $103.49 on Tuesday. The company’s 50 day moving average price is $104.59 and its two-hundred day moving average price is $105.34.

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.