iShares Government/Credit Bond ETF (NYSEARCA:GBF – Get Free Report)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $103.73 and traded as low as $102.53. iShares Government/Credit Bond ETF shares last traded at $102.66, with a volume of 3,387 shares changing hands.
iShares Government/Credit Bond ETF Stock Performance
The stock’s 50 day moving average is $102.74 and its two-hundred day moving average is $103.71.
Institutional Trading of iShares Government/Credit Bond ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its holdings in shares of iShares Government/Credit Bond ETF by 3.4% in the first quarter. Bank of America Corp DE now owns 113,610 shares of the company’s stock valued at $11,835,000 after purchasing an additional 3,776 shares during the period. Cetera Investment Advisers grew its position in iShares Government/Credit Bond ETF by 28.7% in the 1st quarter. Cetera Investment Advisers now owns 8,738 shares of the company’s stock valued at $910,000 after buying an additional 1,947 shares during the last quarter. AMG National Trust Bank increased its stake in iShares Government/Credit Bond ETF by 56.5% in the 1st quarter. AMG National Trust Bank now owns 3,835 shares of the company’s stock valued at $399,000 after buying an additional 1,385 shares during the period. Beirne Wealth Consulting Services LLC increased its stake in iShares Government/Credit Bond ETF by 24.9% in the 1st quarter. Beirne Wealth Consulting Services LLC now owns 15,576 shares of the company’s stock valued at $1,623,000 after buying an additional 3,109 shares during the period. Finally, Keybank National Association OH raised its position in iShares Government/Credit Bond ETF by 0.5% during the 1st quarter. Keybank National Association OH now owns 27,390 shares of the company’s stock worth $2,853,000 after buying an additional 140 shares during the last quarter.
iShares Government/Credit Bond ETF Company Profile
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.
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