Union Savings Bank Purchases 19,752 Shares of iShares Intermediate Government/Credit Bond ETF (BATS:GVI)

Union Savings Bank grew its position in iShares Intermediate Government/Credit Bond ETF (BATS:GVI) by 231.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 28,277 shares of the company’s stock after buying an additional 19,752 shares during the quarter. iShares Intermediate Government/Credit Bond ETF comprises 1.4% of Union Savings Bank’s portfolio, making the stock its 12th biggest position. Union Savings Bank’s holdings in iShares Intermediate Government/Credit Bond ETF were worth $2,947,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. MassMutual Private Wealth & Trust FSB raised its holdings in shares of iShares Intermediate Government/Credit Bond ETF by 80.0% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 62,187 shares of the company’s stock valued at $6,482,000 after buying an additional 27,646 shares during the last quarter. Community Trust & Investment Co. raised its stake in shares of iShares Intermediate Government/Credit Bond ETF by 2.1% in the fourth quarter. Community Trust & Investment Co. now owns 82,453 shares of the company’s stock worth $8,594,000 after acquiring an additional 1,689 shares during the last quarter. Fortitude Family Office LLC acquired a new position in shares of iShares Intermediate Government/Credit Bond ETF during the fourth quarter worth approximately $172,000. GAMMA Investing LLC grew its stake in shares of iShares Intermediate Government/Credit Bond ETF by 40.4% during the fourth quarter. GAMMA Investing LLC now owns 2,830 shares of the company’s stock valued at $295,000 after purchasing an additional 814 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of iShares Intermediate Government/Credit Bond ETF by 1,037.4% in the third quarter. JPMorgan Chase & Co. now owns 644,017 shares of the company’s stock valued at $68,974,000 after purchasing an additional 587,394 shares in the last quarter.

iShares Intermediate Government/Credit Bond ETF Stock Performance

Shares of GVI opened at $104.22 on Monday. The firm’s 50-day moving average price is $104.50 and its two-hundred day moving average price is $105.35.

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.