iShares Government/Credit Bond ETF (NYSEARCA:GBF – Get Free Report) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 325 shares, a decrease of 96.0% from the June 30th total of 8,126 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 15,472 shares, the short-interest ratio is currently 0.0 days.
Hedge Funds Weigh In On iShares Government/Credit Bond ETF
Hedge funds have recently made changes to their positions in the business. Destination Wealth Management grew its stake in iShares Government/Credit Bond ETF by 4.9% in the fourth quarter. Destination Wealth Management now owns 201,384 shares of the company’s stock worth $21,085,000 after purchasing an additional 9,452 shares during the period. Bank of America Corp DE boosted its holdings in shares of iShares Government/Credit Bond ETF by 3.4% during the 1st quarter. Bank of America Corp DE now owns 113,610 shares of the company’s stock valued at $11,835,000 after buying an additional 3,776 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares Government/Credit Bond ETF by 4.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 93,387 shares of the company’s stock valued at $9,839,000 after buying an additional 4,051 shares in the last quarter. Jane Street Group LLC grew its position in shares of iShares Government/Credit Bond ETF by 28.3% in the 1st quarter. Jane Street Group LLC now owns 36,600 shares of the company’s stock worth $3,812,000 after buying an additional 8,071 shares during the period. Finally, Keybank National Association OH grew its position in shares of iShares Government/Credit Bond ETF by 0.5% in the 1st quarter. Keybank National Association OH now owns 27,390 shares of the company’s stock worth $2,853,000 after buying an additional 140 shares during the period.
iShares Government/Credit Bond ETF Trading Up 0.1%
GBF traded up $0.11 during midday trading on Friday, reaching $102.21. 4,485 shares of the company’s stock traded hands, compared to its average volume of 7,331. The firm has a fifty day moving average of $103.23 and a two-hundred day moving average of $104.15. iShares Government/Credit Bond ETF has a 52 week low of $101.85 and a 52 week high of $106.43.
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. Government/Credit Bond Index (the Underlying Index), which measures the performance of the United States dollar-denominated United States Treasury bonds, government-related bonds (i.e., the United States and foreign agencies, sovereign, supranational and local authority debt) and investment-grade United States corporate bonds, which have a remaining maturity of greater than or equal to one year.
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