Independence Bank of Kentucky Takes $236,000 Position in iShares Intermediate Government/Credit Bond ETF (BATS:GVI)

Independence Bank of Kentucky acquired a new stake in shares of iShares Intermediate Government/Credit Bond ETF (BATS:GVI) in the second quarter, HoldingsChannel.com reports. The fund acquired 2,273 shares of the company’s stock, valued at approximately $236,000.

Other institutional investors have also recently made changes to their positions in the company. SouthState Corp purchased a new stake in shares of iShares Intermediate Government/Credit Bond ETF during the fourth quarter valued at approximately $39,000. GAMMA Investing LLC boosted its stake in shares of iShares Intermediate Government/Credit Bond ETF by 58.2% during the first quarter. GAMMA Investing LLC now owns 1,104 shares of the company’s stock valued at $115,000 after purchasing an additional 406 shares during the period. American National Bank & Trust Co. VA purchased a new stake in shares of iShares Intermediate Government/Credit Bond ETF during the first quarter valued at approximately $1,087,000. Oarsman Capital Inc. boosted its stake in shares of iShares Intermediate Government/Credit Bond ETF by 74.0% during the fourth quarter. Oarsman Capital Inc. now owns 88,812 shares of the company’s stock valued at $9,304,000 after purchasing an additional 37,775 shares during the period. Finally, Azimuth Capital Investment Management LLC boosted its stake in shares of iShares Intermediate Government/Credit Bond ETF by 10.9% during the fourth quarter. Azimuth Capital Investment Management LLC now owns 11,026 shares of the company’s stock valued at $1,155,000 after purchasing an additional 1,080 shares during the period.

iShares Intermediate Government/Credit Bond ETF Stock Up 0.3 %

Shares of GVI stock opened at $106.53 on Monday. The business has a 50 day simple moving average of $104.84 and a two-hundred day simple moving average of $103.82.

iShares Intermediate Government/Credit Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were paid a $0.2823 dividend. The ex-dividend date was Monday, July 1st.

iShares Intermediate Government/Credit Bond ETF 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.