iShares Intermediate Government/Credit Bond ETF $GVI is Oarsman Capital Inc.’s 5th Largest Position

Oarsman Capital Inc. lowered its stake in shares of iShares Intermediate Government/Credit Bond ETF (BATS:GVI) by 6.7% in the second quarter, Holdings Channel reports. The institutional investor owned 267,498 shares of the company’s stock after selling 19,234 shares during the quarter. iShares Intermediate Government/Credit Bond ETF accounts for approximately 2.1% of Oarsman Capital Inc.’s portfolio, making the stock its 5th biggest position. Oarsman Capital Inc.’s holdings in iShares Intermediate Government/Credit Bond ETF were worth $28,380,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in GVI. Bank of New York Mellon Corp boosted its stake in iShares Intermediate Government/Credit Bond ETF by 5.6% during the 1st quarter. Bank of New York Mellon Corp now owns 656,951 shares of the company’s stock valued at $70,084,000 after acquiring an additional 35,096 shares during the last quarter. Horizon Bancorp Inc. IN increased its position in shares of iShares Intermediate Government/Credit Bond ETF by 5.5% in the 1st quarter. Horizon Bancorp Inc. IN now owns 298,301 shares of the company’s stock worth $31,823,000 after purchasing an additional 15,676 shares during the last quarter. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Intermediate Government/Credit Bond ETF in the 2nd quarter worth about $24,611,000. Risk Paradigm Group LLC acquired a new stake in shares of iShares Intermediate Government/Credit Bond ETF in the 2nd quarter valued at about $23,801,000. Finally, Bessemer Group Inc. raised its stake in shares of iShares Intermediate Government/Credit Bond ETF by 32.8% in the 1st quarter. Bessemer Group Inc. now owns 218,536 shares of the company’s stock valued at $23,313,000 after purchasing an additional 53,936 shares in the last quarter.

iShares Intermediate Government/Credit Bond ETF Stock Down 0.0%

Shares of GVI stock opened at $105.19 on Monday. iShares Intermediate Government/Credit Bond ETF has a one year low of $105.00 and a one year high of $108.34. The company’s 50-day simple moving average is $105.53 and its 200-day simple moving average is $106.24.

iShares Intermediate Government/Credit Bond ETF Company 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.