iShares Government/Credit Bond ETF (NYSEARCA:GBF) Share Price Cross Below Two Hundred Day Moving Average – What’s Next?

iShares Government/Credit Bond ETF (NYSEARCA:GBF) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $103.95 and traded as low as $103.52. iShares Government/Credit Bond ETF shares last traded at $103.54, with a volume of 16,761 shares trading hands.

iShares Government/Credit Bond ETF Price Performance

The company has a 50 day simple moving average of $102.86 and a 200-day simple moving average of $103.95.

Hedge Funds Weigh In On iShares Government/Credit Bond ETF

Several hedge funds have recently made changes to their positions in GBF. German American Bancorp Inc. grew its position in shares of iShares Government/Credit Bond ETF by 34.0% in the third quarter. German American Bancorp Inc. now owns 3,937 shares of the company’s stock valued at $421,000 after purchasing an additional 1,000 shares in the last quarter. Alesco Advisors LLC purchased a new position in shares of iShares Government/Credit Bond ETF in the third quarter valued at $265,000. Hilltop Holdings Inc. grew its position in shares of iShares Government/Credit Bond ETF by 5.9% in the third quarter. Hilltop Holdings Inc. now owns 10,701 shares of the company’s stock valued at $1,143,000 after purchasing an additional 592 shares in the last quarter. Jane Street Group LLC grew 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 purchasing an additional 24,658 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of iShares Government/Credit Bond ETF in the third quarter valued at $489,000.

About iShares Government/Credit Bond ETF

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.