McLaughlin Asset Management Inc. Takes Position in iShares Intermediate Government/Credit Bond ETF $GVI

McLaughlin Asset Management Inc. bought a new position in shares of iShares Intermediate Government/Credit Bond ETF (BATS:GVI) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 7,716 shares of the company’s stock, valued at approximately $828,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of New York Mellon Corp grew its holdings in iShares Intermediate Government/Credit Bond ETF by 4.8% during the 4th quarter. Bank of New York Mellon Corp now owns 621,855 shares of the company’s stock worth $66,756,000 after acquiring an additional 28,619 shares during the period. BOKF NA grew its stake in iShares Intermediate Government/Credit Bond ETF by 17.0% during the fourth quarter. BOKF NA now owns 139,273 shares of the company’s stock worth $14,951,000 after purchasing an additional 20,193 shares during the period. New Hampshire Trust grew its stake in iShares Intermediate Government/Credit Bond ETF by 93.1% during the fourth quarter. New Hampshire Trust now owns 38,560 shares of the company’s stock worth $4,139,000 after purchasing an additional 18,590 shares during the period. Oarsman Capital Inc. increased its holdings in iShares Intermediate Government/Credit Bond ETF by 6.4% in the fourth quarter. Oarsman Capital Inc. now owns 233,532 shares of the company’s stock worth $25,070,000 after purchasing an additional 14,014 shares in the last quarter. Finally, Captrust Financial Advisors lifted its stake in iShares Intermediate Government/Credit Bond ETF by 6.5% in the third quarter. Captrust Financial Advisors now owns 195,730 shares of the company’s stock valued at $21,029,000 after buying an additional 11,902 shares during the period.

iShares Intermediate Government/Credit Bond ETF Stock Up 0.2%

Shares of GVI stock opened at $105.89 on Friday. iShares Intermediate Government/Credit Bond ETF has a 52 week low of $105.34 and a 52 week high of $108.34. The firm has a 50 day moving average of $106.21 and a 200-day moving average of $106.90.

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.