Destination Wealth Management Boosts Holdings in iShares Government/Credit Bond ETF $GBF

Destination Wealth Management grew its stake in shares of iShares Government/Credit Bond ETF (NYSEARCA:GBF) by 2.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 191,932 shares of the company’s stock after purchasing an additional 5,123 shares during the period. Destination Wealth Management owned approximately 0.16% of iShares Government/Credit Bond ETF worth $20,221,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of GBF. Jane Street Group LLC lifted its holdings in iShares Government/Credit Bond ETF by 28.3% in the first quarter. Jane Street Group LLC now owns 36,600 shares of the company’s stock worth $3,812,000 after buying an additional 8,071 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of iShares Government/Credit Bond ETF by 15.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,814 shares of the company’s stock worth $712,000 after acquiring an additional 934 shares during the period. D L Carlson Investment Group Inc. bought a new position in shares of iShares Government/Credit Bond ETF in the 2nd quarter worth approximately $1,963,000. Captrust Financial Advisors raised its position in shares of iShares Government/Credit Bond ETF by 12.8% in the 2nd quarter. Captrust Financial Advisors now owns 3,959 shares of the company’s stock worth $413,000 after acquiring an additional 448 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its stake in shares of iShares Government/Credit Bond ETF by 10.8% in the 2nd quarter. Osaic Holdings Inc. now owns 5,607 shares of the company’s stock valued at $585,000 after purchasing an additional 546 shares during the period.

iShares Government/Credit Bond ETF Stock Performance

NYSEARCA GBF opened at $103.97 on Monday. iShares Government/Credit Bond ETF has a twelve month low of $100.46 and a twelve month high of $106.43. The stock’s 50 day moving average is $105.21 and its 200 day moving average is $105.31.

About iShares Government/Credit Bond ETF

iShares Government/Credit Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States dollar-denominated government, government-related and investment-grade the United States corporate bonds. The Fund seeks to track the investment results of the Barclays U.S. Government/Credit Bond Index (the Underlying Index), which measures the performance of the United States dollar-denominated United States Treasury bonds, government-related bonds (i.e., the United States and foreign agencies, sovereign, supranational and local authority debt) and investment-grade United States corporate bonds, which have a remaining maturity of greater than or equal to one year.