Ferguson Wellman Capital Management Inc. Invests $12.21 Million in iShares Intermediate Government/Credit Bond ETF $GVI

Ferguson Wellman Capital Management Inc. acquired a new stake in iShares Intermediate Government/Credit Bond ETF (BATS:GVI) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 114,453 shares of the company’s stock, valued at approximately $12,210,000. Ferguson Wellman Capital Management Inc. owned approximately 0.36% of iShares Intermediate Government/Credit Bond ETF as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Integrated Wealth Concepts LLC boosted its stake in iShares Intermediate Government/Credit Bond ETF by 28.5% during the first quarter. Integrated Wealth Concepts LLC now owns 5,435 shares of the company’s stock worth $576,000 after acquiring an additional 1,207 shares in the last quarter. Captrust Financial Advisors raised its holdings in shares of iShares Intermediate Government/Credit Bond ETF by 5.7% during the second quarter. Captrust Financial Advisors now owns 183,828 shares of the company’s stock valued at $19,631,000 after purchasing an additional 9,923 shares during the period. Parallel Advisors LLC raised its holdings in shares of iShares Intermediate Government/Credit Bond ETF by 114.3% during the third quarter. Parallel Advisors LLC now owns 375 shares of the company’s stock valued at $40,000 after purchasing an additional 200 shares during the period. Brown Brothers Harriman & Co. acquired a new position in shares of iShares Intermediate Government/Credit Bond ETF during the third quarter valued at about $390,000. Finally, United Capital Financial Advisors LLC boosted its position in shares of iShares Intermediate Government/Credit Bond ETF by 4.3% during the 3rd quarter. United Capital Financial Advisors LLC now owns 77,931 shares of the company’s stock worth $8,373,000 after purchasing an additional 3,235 shares in the last quarter.

iShares Intermediate Government/Credit Bond ETF Stock Performance

Shares of GVI traded down $0.09 during trading hours on Friday, hitting $105.50. The stock had a trading volume of 103,178 shares, compared to its average volume of 181,434. The firm has a 50 day simple moving average of $105.92 and a 200-day simple moving average of $106.72. iShares Intermediate Government/Credit Bond ETF has a 1-year low of $105.34 and a 1-year high of $108.34.

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.