iShares Government/Credit Bond ETF (NYSEARCA:GBF) Shares Cross Below 200-Day Moving Average – Time to Sell?

iShares Government/Credit Bond ETF (NYSEARCA:GBFGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $105.00 and traded as low as $103.87. iShares Government/Credit Bond ETF shares last traded at $103.99, with a volume of 4,198 shares.

iShares Government/Credit Bond ETF Stock Up 0.4%

The stock’s fifty day simple moving average is $104.44 and its 200-day simple moving average is $105.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Farther Finance Advisors LLC raised its holdings in shares of iShares Government/Credit Bond ETF by 274.0% in the third quarter. Farther Finance Advisors LLC now owns 288 shares of the company’s stock worth $30,000 after buying an additional 211 shares during the last quarter. United Financial Planning Group LLC acquired a new stake in shares of iShares Government/Credit Bond ETF in the third quarter worth $38,000. Kestra Advisory Services LLC acquired a new stake in shares of iShares Government/Credit Bond ETF in the fourth quarter worth $41,000. Bank of Montreal Can increased its stake in shares of iShares Government/Credit Bond ETF by 170.9% in the fourth quarter. Bank of Montreal Can now owns 474 shares of the company’s stock worth $50,000 after acquiring an additional 299 shares during the period. Finally, Bryn Mawr Trust Advisors LLC increased its stake in shares of iShares Government/Credit Bond ETF by 29.5% in the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 2,478 shares of the company’s stock worth $259,000 after acquiring an additional 565 shares during the period.

About iShares Government/Credit Bond ETF

(Get Free Report)

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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