iShares Government/Credit Bond ETF (NYSEARCA:GBF – Get Free Report) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 325 shares, a decline of 96.0% from the June 30th total of 8,126 shares. Based on an average daily trading volume, of 15,472 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.
iShares Government/Credit Bond ETF Trading Up 0.1%
NYSEARCA:GBF traded up $0.11 during mid-day trading on Friday, hitting $102.21. 4,485 shares of the company’s stock traded hands, compared to its average volume of 7,331. The company has a fifty day moving average of $103.23 and a 200 day moving average of $104.15. iShares Government/Credit Bond ETF has a twelve month low of $101.85 and a twelve month high of $106.43.
Institutional Investors Weigh In On iShares Government/Credit Bond ETF
A number of large investors have recently modified their holdings of GBF. Jane Street Group LLC raised its position in shares of iShares Government/Credit Bond ETF by 28.3% in the 1st quarter. Jane Street Group LLC now owns 36,600 shares of the company’s stock valued at $3,812,000 after purchasing an additional 8,071 shares during the last quarter. Captrust Financial Advisors boosted its stake in iShares Government/Credit Bond ETF by 12.8% in the 2nd quarter. Captrust Financial Advisors now owns 3,959 shares of the company’s stock worth $413,000 after purchasing an additional 448 shares in the last quarter. Osaic Holdings Inc. boosted its stake in iShares Government/Credit Bond ETF by 10.8% in the 2nd quarter. Osaic Holdings Inc. now owns 5,607 shares of the company’s stock worth $585,000 after purchasing an additional 546 shares in the last quarter. Bank of America Corp DE grew its position in iShares Government/Credit Bond ETF by 13.7% during the 3rd quarter. Bank of America Corp DE now owns 104,384 shares of the company’s stock worth $10,997,000 after purchasing an additional 12,565 shares during the last quarter. Finally, Susquehanna International Group LLP increased its stake in iShares Government/Credit Bond ETF by 129.3% during the 3rd quarter. Susquehanna International Group LLP now owns 11,172 shares of the company’s stock valued at $1,177,000 after purchasing an additional 6,299 shares in the last quarter.
iShares Government/Credit Bond ETF Company Profile
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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