Kelly Financial Group LLC Sells 1,034 Shares of iShares Government/Credit Bond ETF (NYSEARCA:GBF)

Kelly Financial Group LLC lessened its stake in shares of iShares Government/Credit Bond ETF (NYSEARCA:GBF) by 4.4% in the first quarter, Holdings Channel reports. The institutional investor owned 22,625 shares of the company’s stock after selling 1,034 shares during the period. iShares Government/Credit Bond ETF accounts for approximately 0.4% of Kelly Financial Group LLC’s portfolio, making the stock its 28th biggest position. Kelly Financial Group LLC’s holdings in iShares Government/Credit Bond ETF were worth $2,356,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of GBF. Bryn Mawr Capital Management LLC grew its holdings in shares of iShares Government/Credit Bond ETF by 2.0% in the fourth quarter. Bryn Mawr Capital Management LLC now owns 11,420 shares of the company’s stock worth $1,110,000 after acquiring an additional 220 shares during the period. Truist Financial Corp lifted its position in iShares Government/Credit Bond ETF by 8.9% during the fourth quarter. Truist Financial Corp now owns 2,605 shares of the company’s stock valued at $266,000 after purchasing an additional 212 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in iShares Government/Credit Bond ETF by 3.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 21,084 shares of the company’s stock valued at $2,155,000 after purchasing an additional 790 shares in the last quarter. 5T Wealth LLC purchased a new position in shares of iShares Government/Credit Bond ETF in the fourth quarter valued at about $600,000. Finally, Citadel Advisors LLC lifted its position in shares of iShares Government/Credit Bond ETF by 71.1% in the fourth quarter. Citadel Advisors LLC now owns 14,611 shares of the company’s stock valued at $1,494,000 after acquiring an additional 6,071 shares in the last quarter.

iShares Government/Credit Bond ETF Stock Down 0.3%

Shares of GBF stock opened at $103.13 on Friday. iShares Government/Credit Bond ETF has a 12-month low of $100.46 and a 12-month high of $107.84. The stock’s 50-day moving average price is $102.96 and its 200-day moving average price is $103.08.

iShares Government/Credit Bond ETF 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.