Simmons Bank Lowers Stock Position in iShares Intermediate Government/Credit Bond ETF (BATS:GVI)

Simmons Bank cut its holdings in iShares Intermediate Government/Credit Bond ETF (BATS:GVI) by 2.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,653 shares of the company’s stock after selling 671 shares during the quarter. Simmons Bank owned approximately 0.09% of iShares Intermediate Government/Credit Bond ETF worth $2,855,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. V Square Quantitative Management LLC boosted its position in shares of iShares Intermediate Government/Credit Bond ETF by 51.0% in the 2nd quarter. V Square Quantitative Management LLC now owns 433,300 shares of the company’s stock worth $44,946,000 after purchasing an additional 146,300 shares in the last quarter. Community Trust & Investment Co. purchased a new position in iShares Intermediate Government/Credit Bond ETF during the second quarter valued at $7,699,000. Horizon Bancorp Inc. IN boosted its holdings in iShares Intermediate Government/Credit Bond ETF by 10.5% in the third quarter. Horizon Bancorp Inc. IN now owns 365,024 shares of the company’s stock worth $39,094,000 after acquiring an additional 34,802 shares in the last quarter. Massmutual Trust Co. FSB ADV grew its stake in shares of iShares Intermediate Government/Credit Bond ETF by 231.0% in the third quarter. Massmutual Trust Co. FSB ADV now owns 34,541 shares of the company’s stock worth $3,699,000 after acquiring an additional 24,105 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of iShares Intermediate Government/Credit Bond ETF by 3.2% during the second quarter. Bank of New York Mellon Corp now owns 544,884 shares of the company’s stock valued at $56,521,000 after acquiring an additional 17,017 shares in the last quarter.

iShares Intermediate Government/Credit Bond ETF Stock Down 0.3 %

GVI opened at $104.41 on Wednesday. The stock has a 50-day moving average of $106.13 and a 200-day moving average of $104.95.

iShares Intermediate Government/Credit Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.3077 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from iShares Intermediate Government/Credit Bond ETF’s previous dividend of $0.28.

About iShares Intermediate Government/Credit Bond ETF

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.