Madison Asset Management LLC Makes New $1.19 Million Investment in iShares Intermediate Government/Credit Bond ETF $GVI

Madison Asset Management LLC purchased a new position in iShares Intermediate Government/Credit Bond ETF (BATS:GVI) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 11,151 shares of the company’s stock, valued at approximately $1,190,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in GVI. Integrated Wealth Concepts LLC increased its holdings in iShares Intermediate Government/Credit Bond ETF by 28.5% in the 1st quarter. Integrated Wealth Concepts LLC now owns 5,435 shares of the company’s stock worth $576,000 after buying an additional 1,207 shares during the period. Captrust Financial Advisors increased its stake in shares of iShares Intermediate Government/Credit Bond ETF by 5.7% in the second quarter. Captrust Financial Advisors now owns 183,828 shares of the company’s stock worth $19,631,000 after acquiring an additional 9,923 shares during the period. Parallel Advisors LLC raised its holdings in shares of 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 worth $40,000 after purchasing an additional 200 shares during the last quarter. Brown Brothers Harriman & Co. purchased a new position in shares of iShares Intermediate Government/Credit Bond ETF during the third quarter worth $390,000. Finally, United Capital Financial Advisors LLC lifted its position in iShares Intermediate Government/Credit Bond ETF by 4.3% during the third quarter. United Capital Financial Advisors LLC now owns 77,931 shares of the company’s stock valued at $8,373,000 after purchasing an additional 3,235 shares during the period.

iShares Intermediate Government/Credit Bond ETF Stock Down 0.1%

BATS:GVI opened at $105.25 on Thursday. The firm’s fifty day moving average is $105.79 and its two-hundred day moving average is $106.61. iShares Intermediate Government/Credit Bond ETF has a one year low of $105.23 and a one year 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.