Meritage Portfolio Management Decreases Holdings in iShares Intermediate Government/Credit Bond ETF (BATS:GVI)

Meritage Portfolio Management reduced its position in iShares Intermediate Government/Credit Bond ETF (BATS:GVI) by 4.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 53,895 shares of the company’s stock after selling 2,249 shares during the period. Meritage Portfolio Management’s holdings in iShares Intermediate Government/Credit Bond ETF were worth $5,646,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. SVB Wealth LLC grew its stake in iShares Intermediate Government/Credit Bond ETF by 48.4% during the 3rd quarter. SVB Wealth LLC now owns 219,645 shares of the company’s stock worth $22,257,000 after buying an additional 71,609 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in shares of iShares Intermediate Government/Credit Bond ETF by 5.7% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 34,293 shares of the company’s stock valued at $3,475,000 after acquiring an additional 1,836 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of iShares Intermediate Government/Credit Bond ETF by 4.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 454,235 shares of the company’s stock valued at $46,028,000 after purchasing an additional 19,295 shares during the last quarter. NBT Bank N A NY boosted its stake in iShares Intermediate Government/Credit Bond ETF by 23.4% in the 3rd quarter. NBT Bank N A NY now owns 8,357 shares of the company’s stock worth $847,000 after purchasing an additional 1,585 shares in the last quarter. Finally, Whittier Trust Co. grew its holdings in shares of iShares Intermediate Government/Credit Bond ETF by 0.9% during the third quarter. Whittier Trust Co. now owns 45,064 shares of the company’s stock valued at $4,566,000 after buying an additional 412 shares during the last quarter.

iShares Intermediate Government/Credit Bond ETF Stock Performance

Shares of GVI stock traded down $0.18 during mid-day trading on Friday, reaching $102.20. The stock had a trading volume of 677,272 shares. The business has a fifty day moving average of $103.36 and a two-hundred day moving average of $103.15.

iShares Intermediate Government/Credit Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.285 per share. This is a boost from iShares Intermediate Government/Credit Bond ETF’s previous dividend of $0.24. The ex-dividend date of this dividend was Monday, April 1st.

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.