Union Savings Bank Purchases Shares of 38,115 iShares Intermediate Government/Credit Bond ETF $GVI

Union Savings Bank acquired a new position in iShares Intermediate Government/Credit Bond ETF (BATS:GVI) in the fourth quarter, HoldingsChannel reports. The firm acquired 38,115 shares of the company’s stock, valued at approximately $4,092,000. iShares Intermediate Government/Credit Bond ETF comprises about 1.8% of Union Savings Bank’s holdings, making the stock its 10th largest position.

A number of other institutional investors also recently made changes to their positions in GVI. Curbstone Financial Management Corp raised its position in iShares Intermediate Government/Credit Bond ETF by 2.0% in the 4th quarter. Curbstone Financial Management Corp now owns 5,050 shares of the company’s stock worth $542,000 after purchasing an additional 100 shares during the period. Parallel Advisors LLC boosted its position in iShares Intermediate Government/Credit Bond ETF by 114.3% during the third quarter. Parallel Advisors LLC now owns 375 shares of the company’s stock valued at $40,000 after buying an additional 200 shares during the period. Meritage Portfolio Management boosted its position in iShares Intermediate Government/Credit Bond ETF by 0.5% during the fourth quarter. Meritage Portfolio Management now owns 46,408 shares of the company’s stock valued at $4,982,000 after buying an additional 213 shares during the period. Azimuth Capital Investment Management LLC grew its stake in shares of iShares Intermediate Government/Credit Bond ETF by 3.8% during the fourth quarter. Azimuth Capital Investment Management LLC now owns 10,125 shares of the company’s stock valued at $1,087,000 after buying an additional 375 shares during the last quarter. Finally, Colonial Trust Advisors bought a new position in shares of iShares Intermediate Government/Credit Bond ETF during the third quarter valued at about $42,000.

iShares Intermediate Government/Credit Bond ETF Stock Performance

GVI opened at $105.89 on Friday. The business’s 50-day moving average price is $106.19 and its 200-day moving average price is $106.89. iShares Intermediate Government/Credit Bond ETF has a 12 month low of $105.34 and a 12 month high of $108.34.

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.