iShares Government/Credit Bond ETF (NYSEARCA:GBF) Stock Cross Below 200-Day Moving Average – Should You Sell?

iShares Government/Credit Bond ETF (NYSEARCA:GBF)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $103.95 and traded as low as $103.52. iShares Government/Credit Bond ETF shares last traded at $103.54, with a volume of 16,761 shares changing hands.

iShares Government/Credit Bond ETF Price Performance

The firm’s fifty day simple moving average is $102.90 and its 200 day simple moving average is $103.93.

Institutional Investors Weigh In On iShares Government/Credit Bond ETF

Several hedge funds have recently modified their holdings of the company. Cetera Investment Advisers increased its holdings in shares of iShares Government/Credit Bond ETF by 12.5% during the 4th quarter. Cetera Investment Advisers now owns 4,512 shares of the company’s stock worth $461,000 after buying an additional 503 shares during the last quarter. Citadel Advisors LLC boosted its position in iShares Government/Credit Bond ETF by 71.1% in the 4th quarter. Citadel Advisors LLC now owns 14,611 shares of the company’s stock valued at $1,494,000 after buying an additional 6,071 shares during the period. Bank of America Corp DE lifted its position in shares of iShares Government/Credit Bond ETF by 21.8% during the 4th quarter. Bank of America Corp DE now owns 113,583 shares of the company’s stock worth $11,611,000 after purchasing an additional 20,312 shares during the last quarter. Montag & Caldwell LLC acquired a new stake in iShares Government/Credit Bond ETF during the 4th quarter worth $540,000. Finally, Hanlon Investment Management Inc. raised its stake in iShares Government/Credit Bond ETF by 12.4% during the 4th quarter. Hanlon Investment Management Inc. now owns 3,046 shares of the company’s stock worth $311,000 after acquiring an additional 335 shares in the last quarter.

About iShares Government/Credit Bond ETF

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.