Meritage Portfolio Management Sells 2,356 Shares of iShares Intermediate Government/Credit Bond ETF (BATS:GVI)

Meritage Portfolio Management lessened its stake in shares of iShares Intermediate Government/Credit Bond ETF (BATS:GVI) by 4.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,255 shares of the company’s stock after selling 2,356 shares during the quarter. Meritage Portfolio Management owned about 0.16% of iShares Intermediate Government/Credit Bond ETF worth $5,238,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Kennebec Savings Bank acquired a new stake in iShares Intermediate Government/Credit Bond ETF in the third quarter valued at approximately $138,000. Fortitude Family Office LLC bought a new stake in iShares Intermediate Government/Credit Bond ETF during the 4th quarter valued at $172,000. Continuum Advisory LLC raised its holdings in iShares Intermediate Government/Credit Bond ETF by 123.5% during the third quarter. Continuum Advisory LLC now owns 1,674 shares of the company’s stock worth $175,000 after buying an additional 925 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of 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 buying an additional 97 shares in the last quarter. Finally, Lord Abbett & CO. LLC acquired a new position in shares of iShares Intermediate Government/Credit Bond ETF during the third quarter valued at about $388,000.

iShares Intermediate Government/Credit Bond ETF Stock Up 0.2 %

BATS:GVI opened at $104.54 on Wednesday. The stock’s 50 day simple moving average is $104.46 and its 200-day simple moving average is $105.36.

iShares Intermediate Government/Credit Bond ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be paid a dividend of $0.3043 per share. The ex-dividend date of this dividend is Monday, February 3rd.

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.