Oarsman Capital Inc. Increases Holdings in iShares Intermediate Government/Credit Bond ETF (BATS:GVI)

Oarsman Capital Inc. raised its stake in shares of iShares Intermediate Government/Credit Bond ETF (BATS:GVI) by 4.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 239,405 shares of the company’s stock after purchasing an additional 10,543 shares during the period. iShares Intermediate Government/Credit Bond ETF accounts for 4.3% of Oarsman Capital Inc.’s holdings, making the stock its 5th biggest position. Oarsman Capital Inc.’s holdings in iShares Intermediate Government/Credit Bond ETF were worth $24,953,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. JPMorgan Chase & Co. raised its position in shares of iShares Intermediate Government/Credit Bond ETF by 1,037.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 644,017 shares of the company’s stock valued at $68,974,000 after purchasing an additional 587,394 shares during the period. Bank of New York Mellon Corp lifted its position in shares of iShares Intermediate Government/Credit Bond ETF by 13.2% in the fourth quarter. Bank of New York Mellon Corp now owns 591,119 shares of the company’s stock valued at $61,612,000 after acquiring an additional 68,927 shares in the last quarter. C M Bidwell & Associates Ltd. boosted its stake in shares of iShares Intermediate Government/Credit Bond ETF by 12.9% in the fourth quarter. C M Bidwell & Associates Ltd. now owns 58,000 shares of the company’s stock worth $6,045,000 after acquiring an additional 6,640 shares during the period. Lord Abbett & CO. LLC purchased a new stake in shares of iShares Intermediate Government/Credit Bond ETF during the third quarter worth about $388,000. Finally, Union Savings Bank raised its stake in iShares Intermediate Government/Credit Bond ETF by 231.7% during the 4th quarter. Union Savings Bank now owns 28,277 shares of the company’s stock valued at $2,947,000 after purchasing an additional 19,752 shares during the period.

iShares Intermediate Government/Credit Bond ETF Stock Up 0.1 %

GVI stock opened at $106.44 on Friday. The business has a fifty day simple moving average of $105.19 and a 200 day simple moving average of $105.13.

iShares Intermediate Government/Credit Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.2907 per share. The ex-dividend date was Monday, March 3rd.

iShares Intermediate Government/Credit Bond ETF Profile

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.