SVB Wealth LLC Purchases New Position in iShares Intermediate Government/Credit Bond ETF (BATS:GVI)

SVB Wealth LLC acquired a new position in iShares Intermediate Government/Credit Bond ETF (BATS:GVI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 139,076 shares of the company’s stock, valued at approximately $14,496,000. SVB Wealth LLC owned approximately 0.46% of iShares Intermediate Government/Credit Bond ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kennebec Savings Bank purchased a new stake in iShares Intermediate Government/Credit Bond ETF during the third quarter worth $138,000. Fortitude Family Office LLC acquired a new position in shares of iShares Intermediate Government/Credit Bond ETF in the fourth quarter worth about $172,000. Continuum Advisory LLC boosted its stake in shares of iShares Intermediate Government/Credit Bond ETF by 123.5% during the 3rd quarter. Continuum Advisory LLC now owns 1,674 shares of the company’s stock worth $175,000 after acquiring an additional 925 shares in the last quarter. GAMMA Investing LLC grew its position in shares of iShares Intermediate Government/Credit Bond ETF by 40.4% during the 4th quarter. GAMMA Investing LLC now owns 2,830 shares of the company’s stock valued at $295,000 after acquiring an additional 814 shares during the period. Finally, First Merchants Corp purchased a new position in shares of iShares Intermediate Government/Credit Bond ETF in the 4th quarter valued at about $385,000.

iShares Intermediate Government/Credit Bond ETF Stock Up 0.3 %

BATS GVI opened at $105.90 on Friday. The business has a fifty day simple moving average of $104.36 and a 200-day simple moving average of $105.30.

iShares Intermediate Government/Credit Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.3043 per share. The ex-dividend date was Monday, February 3rd.

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.