iShares Intermediate Government/Credit Bond ETF (BATS:GVI) Stock Price Cross Below 50-Day Moving Average – Here’s What Happened

iShares Intermediate Government/Credit Bond ETF (BATS:GVI – Get Free Report) passed below its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $103.73 and traded as low as $103.39. iShares Intermediate Government/Credit Bond ETF shares last traded at $103.40, with a volume of 238,824 shares trading hands.

iShares Intermediate Government/Credit Bond ETF Price Performance

The firm’s 50-day moving average price is $103.73 and its 200 day moving average price is $105.64.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of GVI. First PREMIER Bank purchased a new stake in iShares Intermediate Government/Credit Bond ETF in the 2nd quarter valued at approximately $106,000. Bartlett & CO. Wealth Management LLC increased its position in iShares Intermediate Government/Credit Bond ETF by 15.2% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 1,351 shares of the company’s stock worth $144,000 after buying an additional 178 shares in the last quarter. First Merchants Corp purchased a new position in iShares Intermediate Government/Credit Bond ETF during the third quarter worth $231,000. True Link Financial Advisors LLC acquired a new position in shares of iShares Intermediate Government/Credit Bond ETF in the third quarter worth $296,000. Finally, NBT Bank N.A. acquired a new position in shares of iShares Intermediate Government/Credit Bond ETF in the third quarter worth $402,000.

iShares Intermediate Government/Credit Bond ETF Company Profile

(Get Free Report)

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.

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