JPMorgan Chase & Co. Grows Holdings in iShares Intermediate Government/Credit Bond ETF (BATS:GVI)

JPMorgan Chase & Co. raised its position in iShares Intermediate Government/Credit Bond ETF (BATS:GVI) by 1,037.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 644,017 shares of the company’s stock after purchasing an additional 587,394 shares during the period. JPMorgan Chase & Co.’s holdings in iShares Intermediate Government/Credit Bond ETF were worth $68,974,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of GVI. GAMMA Investing LLC raised its holdings in iShares Intermediate Government/Credit Bond ETF by 5.1% in the third quarter. GAMMA Investing LLC now owns 2,016 shares of the company’s stock valued at $216,000 after acquiring an additional 97 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in iShares Intermediate Government/Credit Bond ETF in the second quarter worth about $25,000. Whittier Trust Co. increased its holdings in iShares Intermediate Government/Credit Bond ETF by 0.9% in the third quarter. Whittier Trust Co. now owns 46,670 shares of the company’s stock valued at $4,998,000 after buying an additional 403 shares during the last quarter. Parallel Advisors LLC raised its stake in iShares Intermediate Government/Credit Bond ETF by 21.9% during the second quarter. Parallel Advisors LLC now owns 3,218 shares of the company’s stock valued at $334,000 after buying an additional 579 shares in the last quarter. Finally, Vantage Investment Partners LLC lifted its holdings in iShares Intermediate Government/Credit Bond ETF by 10.7% during the 3rd quarter. Vantage Investment Partners LLC now owns 6,520 shares of the company’s stock worth $698,000 after buying an additional 628 shares during the last quarter.

iShares Intermediate Government/Credit Bond ETF Price Performance

GVI stock opened at $104.15 on Friday. The company’s fifty day simple moving average is $104.69 and its two-hundred day simple moving average is $105.32.

About iShares Intermediate Government/Credit Bond ETF

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.