Marcum Wealth LLC Makes New $2.84 Million Investment in iShares Government/Credit Bond ETF (NYSEARCA:GBF)

Marcum Wealth LLC acquired a new stake in iShares Government/Credit Bond ETF (NYSEARCA:GBF) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 27,787 shares of the company’s stock, valued at approximately $2,841,000.

A number of other institutional investors have also recently made changes to their positions in GBF. Destination Wealth Management raised its holdings in iShares Government/Credit Bond ETF by 2.6% during the 3rd quarter. Destination Wealth Management now owns 172,390 shares of the company’s stock valued at $18,418,000 after buying an additional 4,416 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in iShares Government/Credit Bond ETF in the 3rd quarter worth $489,000. Jane Street Group LLC increased its position in shares of iShares Government/Credit Bond ETF by 253.7% in the third quarter. Jane Street Group LLC now owns 34,379 shares of the company’s stock valued at $3,673,000 after acquiring an additional 24,658 shares during the period. Hilltop Holdings Inc. raised its stake in shares of iShares Government/Credit Bond ETF by 5.9% during the third quarter. Hilltop Holdings Inc. now owns 10,701 shares of the company’s stock valued at $1,143,000 after acquiring an additional 592 shares during the last quarter. Finally, Alesco Advisors LLC purchased a new stake in shares of iShares Government/Credit Bond ETF during the third quarter worth about $265,000.

iShares Government/Credit Bond ETF Price Performance

NYSEARCA GBF opened at $101.08 on Tuesday. The business’s 50-day moving average is $103.08 and its 200 day moving average is $104.40. iShares Government/Credit Bond ETF has a 1 year low of $98.44 and a 1 year high of $107.84.

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.