iShares Intermediate Government/Credit Bond ETF (BATS:GVI) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

iShares Intermediate Government/Credit Bond ETF (BATS:GVI) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $105.09 and traded as high as $105.28. iShares Intermediate Government/Credit Bond ETF shares last traded at $105.17, with a volume of 97,756 shares trading hands.

iShares Intermediate Government/Credit Bond ETF Price Performance

The business’s 50 day moving average price is $105.59 and its 200-day moving average price is $105.09.

Institutional Trading of iShares Intermediate Government/Credit Bond ETF

Hedge funds have recently added to or reduced their stakes in the business. Ashton Thomas Private Wealth LLC bought a new stake in shares of iShares Intermediate Government/Credit Bond ETF during the 2nd quarter worth $25,000. Rothschild Investment LLC purchased a new stake in shares of iShares Intermediate Government/Credit Bond ETF during the second quarter valued at $109,000. Kennebec Savings Bank acquired a new position in shares of iShares Intermediate Government/Credit Bond ETF in the 3rd quarter valued at $138,000. Continuum Advisory LLC increased its stake in iShares Intermediate Government/Credit Bond ETF by 123.5% in the 3rd quarter. Continuum Advisory LLC now owns 1,674 shares of the company’s stock worth $175,000 after purchasing an additional 925 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in iShares Intermediate Government/Credit Bond ETF by 73.8% during the 2nd quarter. GAMMA Investing LLC now owns 1,919 shares of the company’s stock worth $199,000 after buying an additional 815 shares during the period.

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.