McLaughlin Asset Management Inc. Takes $828,000 Position in iShares Intermediate Government/Credit Bond ETF $GVI

McLaughlin Asset Management Inc. bought a new stake in iShares Intermediate Government/Credit Bond ETF (BATS:GVI) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 7,716 shares of the company’s stock, valued at approximately $828,000.

Other institutional investors have also added to or reduced their stakes in the company. SVB Wealth LLC boosted its holdings in iShares Intermediate Government/Credit Bond ETF by 11.0% in the fourth quarter. SVB Wealth LLC now owns 72,509 shares of the company’s stock worth $7,784,000 after acquiring an additional 7,181 shares in the last quarter. BOKF NA increased its holdings in shares of 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 valued at $14,951,000 after acquiring an additional 20,193 shares in the last quarter. Oarsman Capital Inc. raised its position in shares of iShares Intermediate Government/Credit Bond ETF by 6.4% during 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 during the period. WASHINGTON TRUST Co lifted its holdings in shares of iShares Intermediate Government/Credit Bond ETF by 4.5% in the 4th quarter. WASHINGTON TRUST Co now owns 161,515 shares of the company’s stock worth $17,339,000 after purchasing an additional 6,910 shares in the last quarter. Finally, Centennial Bank AR lifted its holdings in shares of iShares Intermediate Government/Credit Bond ETF by 152.2% in the 3rd quarter. Centennial Bank AR now owns 11,371 shares of the company’s stock worth $1,222,000 after purchasing an additional 6,863 shares in the last quarter.

iShares Intermediate Government/Credit Bond ETF Price Performance

BATS GVI opened at $105.89 on Friday. The company has a fifty day simple moving average of $106.21 and a 200 day simple moving average of $106.90. iShares Intermediate Government/Credit Bond ETF has a 12-month low of $105.34 and a 12-month high of $108.34.

About iShares Intermediate Government/Credit Bond ETF

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.