Meritage Portfolio Management Has $5.65 Million Holdings in iShares Intermediate Government/Credit Bond ETF (BATS:GVI)

Meritage Portfolio Management lessened its holdings in iShares Intermediate Government/Credit Bond ETF (BATS:GVI) by 4.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,895 shares of the company’s stock after selling 2,249 shares during the quarter. Meritage Portfolio Management owned 0.19% of iShares Intermediate Government/Credit Bond ETF worth $5,646,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its position in iShares Intermediate Government/Credit Bond ETF by 4.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 454,235 shares of the company’s stock worth $46,028,000 after buying an additional 19,295 shares in the last quarter. Greenleaf Trust raised its holdings in iShares Intermediate Government/Credit Bond ETF by 165.1% during the fourth quarter. Greenleaf Trust now owns 242,214 shares of the company’s stock worth $25,374,000 after acquiring an additional 150,830 shares in the last quarter. SVB Wealth LLC boosted its position in iShares Intermediate Government/Credit Bond ETF by 48.4% during the third quarter. SVB Wealth LLC now owns 219,645 shares of the company’s stock valued at $22,257,000 after purchasing an additional 71,609 shares during the last quarter. Bank of New Hampshire grew its stake in iShares Intermediate Government/Credit Bond ETF by 2.7% in the fourth quarter. Bank of New Hampshire now owns 85,582 shares of the company’s stock valued at $8,966,000 after purchasing an additional 2,290 shares in the last quarter. Finally, Oarsman Capital Inc. increased its position in shares of iShares Intermediate Government/Credit Bond ETF by 39.4% during the 3rd quarter. Oarsman Capital Inc. now owns 51,037 shares of the company’s stock worth $5,172,000 after purchasing an additional 14,436 shares during the last quarter.

iShares Intermediate Government/Credit Bond ETF Trading Down 0.2 %

Shares of BATS GVI traded down $0.18 during trading hours on Friday, hitting $102.20. The company had a trading volume of 677,272 shares. The firm’s fifty day moving average price is $103.36 and its 200 day moving average price is $103.15.

iShares Intermediate Government/Credit Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.285 per share. This is an increase from iShares Intermediate Government/Credit Bond ETF’s previous dividend of $0.24. The ex-dividend date of this dividend was Monday, April 1st.

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.