iShares Intermediate Government/Credit Bond ETF (BATS:GVI) Short Interest Update

iShares Intermediate Government/Credit Bond ETF (BATS:GVI) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 28,468 shares, a decline of 48.0% from the August 15th total of 54,783 shares. Based on an average daily volume of 120,714 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On iShares Intermediate Government/Credit Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. SVB Wealth LLC grew its stake in iShares Intermediate Government/Credit Bond ETF by 43.3% during the 2nd quarter. SVB Wealth LLC now owns 102,040 shares of the company’s stock valued at $10,826,000 after acquiring an additional 30,813 shares in the last quarter. First PREMIER Bank acquired a new stake in shares of iShares Intermediate Government/Credit Bond ETF during the 2nd quarter worth about $106,000. A. D. Beadell Investment Counsel Inc. purchased a new stake in shares of iShares Intermediate Government/Credit Bond ETF in the 2nd quarter valued at approximately $3,286,000. RPg Family Wealth Advisory LLC purchased a new stake in iShares Intermediate Government/Credit Bond ETF in the second quarter valued at approximately $24,611,000. Finally, Risk Paradigm Group LLC acquired a new position in iShares Intermediate Government/Credit Bond ETF during the 2nd quarter worth about $23,801,000.

iShares Intermediate Government/Credit Bond ETF Trading Down 0.1%

Shares of GVI stock traded down $0.07 during trading hours on Tuesday, hitting $103.84. 55,310 shares of the company’s stock were exchanged, compared to its average volume of 163,599. The firm has a 50 day moving average of $105.21 and a two-hundred day moving average of $105.98. iShares Intermediate Government/Credit Bond ETF has a fifty-two week low of $103.80 and a fifty-two week high of $108.34.

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.