iShares Government/Credit Bond ETF (NYSEARCA:GBF – Get Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $104.24 and traded as low as $102.97. iShares Government/Credit Bond ETF shares last traded at $102.96, with a volume of 2,571 shares traded.
iShares Government/Credit Bond ETF Stock Up 0.1%
The firm’s fifty day simple moving average is $103.33 and its 200 day simple moving average is $104.24.
Institutional Trading of iShares Government/Credit Bond ETF
Several large investors have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC purchased a new stake in shares of iShares Government/Credit Bond ETF in the fourth quarter valued at $41,000. Bank of Montreal Can grew its holdings in shares of iShares Government/Credit Bond ETF by 170.9% during the fourth quarter. Bank of Montreal Can now owns 474 shares of the company’s stock valued at $50,000 after buying an additional 299 shares in the last quarter. Farther Finance Advisors LLC raised its position in iShares Government/Credit Bond ETF by 262.2% during the fourth quarter. Farther Finance Advisors LLC now owns 1,043 shares of the company’s stock valued at $109,000 after buying an additional 755 shares during the period. Bryn Mawr Trust Advisors LLC raised its position in iShares Government/Credit Bond ETF by 29.5% during the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 2,478 shares of the company’s stock valued at $259,000 after buying an additional 565 shares during the period. Finally, Truist Financial Corp lifted its stake in iShares Government/Credit Bond ETF by 19.5% in the 4th quarter. Truist Financial Corp now owns 3,260 shares of the company’s stock worth $341,000 after acquiring an additional 533 shares in the last quarter.
About iShares Government/Credit Bond ETF
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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