Colton Groome Financial Advisors LLC Cuts Position in iShares Government/Credit Bond ETF (NYSEARCA:GBF)

Colton Groome Financial Advisors LLC trimmed its position in shares of iShares Government/Credit Bond ETF (NYSEARCA:GBF) by 0.9% during the first quarter, Holdings Channel reports. The institutional investor owned 32,134 shares of the company’s stock after selling 285 shares during the quarter. iShares Government/Credit Bond ETF comprises about 1.3% of Colton Groome Financial Advisors LLC’s portfolio, making the stock its 21st largest holding. Colton Groome Financial Advisors LLC’s holdings in iShares Government/Credit Bond ETF were worth $3,327,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in GBF. Principal Securities Inc. purchased a new stake in shares of iShares Government/Credit Bond ETF during the fourth quarter worth approximately $25,000. First United Bank & Trust acquired a new position in iShares Government/Credit Bond ETF in the fourth quarter valued at approximately $66,000. Beacon Financial Group acquired a new position in iShares Government/Credit Bond ETF in the fourth quarter valued at approximately $203,000. International Assets Investment Management LLC acquired a new position in iShares Government/Credit Bond ETF in the fourth quarter valued at approximately $239,000. Finally, Tower Wealth Partners Inc. boosted its holdings in iShares Government/Credit Bond ETF by 12.6% in the fourth quarter. Tower Wealth Partners Inc. now owns 3,710 shares of the company’s stock valued at $390,000 after purchasing an additional 414 shares in the last quarter.

iShares Government/Credit Bond ETF Stock Performance

GBF traded down $0.65 on Monday, reaching $101.73. The company’s stock had a trading volume of 5,919 shares, compared to its average volume of 19,935. The stock has a 50 day moving average of $102.25 and a two-hundred day moving average of $103.08. iShares Government/Credit Bond ETF has a fifty-two week low of $96.03 and a fifty-two week high of $105.72.

iShares Government/Credit Bond ETF Company Profile

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.