iShares Government/Credit Bond ETF (NYSEARCA:GBF – Get Free Report) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 499 shares, an increase of 53.5% from the July 15th total of 325 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 12,902 shares, the days-to-cover ratio is currently 0.0 days.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. Bank of America Corp DE grew its holdings in iShares Government/Credit Bond ETF by 13.7% during the third quarter. Bank of America Corp DE now owns 104,384 shares of the company’s stock worth $10,997,000 after acquiring an additional 12,565 shares during the period. Destination Wealth Management lifted its holdings in iShares Government/Credit Bond ETF by 4.9% in the 4th quarter. Destination Wealth Management now owns 201,384 shares of the company’s stock valued at $21,085,000 after acquiring an additional 9,452 shares during the last quarter. Jane Street Group LLC boosted its position in shares of iShares Government/Credit Bond ETF by 28.3% during the 1st quarter. Jane Street Group LLC now owns 36,600 shares of the company’s stock valued at $3,812,000 after purchasing an additional 8,071 shares in the last quarter. Susquehanna International Group LLP boosted its position in shares of iShares Government/Credit Bond ETF by 129.3% during the 3rd quarter. Susquehanna International Group LLP now owns 11,172 shares of the company’s stock valued at $1,177,000 after purchasing an additional 6,299 shares in the last quarter. Finally, Beirne Wealth Consulting Services LLC grew its stake in shares of 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 worth $1,623,000 after purchasing an additional 3,109 shares during the last quarter.
iShares Government/Credit Bond ETF Stock Performance
Shares of GBF stock opened at $101.93 on Tuesday. iShares Government/Credit Bond ETF has a 1 year low of $101.85 and a 1 year high of $106.43. The business’s fifty day moving average is $102.90 and its 200-day moving average is $103.83.
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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