iShares Investment Grade Bond Factor ETF (BATS:IGEB) Position Cut by CFS Investment Advisory Services LLC

CFS Investment Advisory Services LLC reduced its holdings in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 88.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,478 shares of the company’s stock after selling 42,661 shares during the quarter. CFS Investment Advisory Services LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $243,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in IGEB. Janney Montgomery Scott LLC grew its position in iShares Investment Grade Bond Factor ETF by 4.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 639,972 shares of the company’s stock valued at $29,739,000 after buying an additional 27,579 shares in the last quarter. FMR LLC boosted its holdings in shares of iShares Investment Grade Bond Factor ETF by 46,350.0% in the third quarter. FMR LLC now owns 929 shares of the company’s stock valued at $43,000 after acquiring an additional 927 shares in the last quarter. Verus Capital Partners LLC boosted its holdings in shares of iShares Investment Grade Bond Factor ETF by 29.4% in the third quarter. Verus Capital Partners LLC now owns 7,521 shares of the company’s stock valued at $349,000 after acquiring an additional 1,707 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of iShares Investment Grade Bond Factor ETF by 1,038.4% during the second quarter. NewEdge Advisors LLC now owns 169,546 shares of the company’s stock valued at $7,521,000 after acquiring an additional 154,652 shares during the period. Finally, First Heartland Consultants Inc. bought a new stake in iShares Investment Grade Bond Factor ETF during the third quarter worth approximately $285,000.

iShares Investment Grade Bond Factor ETF Trading Up 1.5 %

Shares of IGEB stock opened at $44.43 on Friday. iShares Investment Grade Bond Factor ETF has a 1 year low of $48.61 and a 1 year high of $50.95. The business’s fifty day moving average is $44.70 and its 200-day moving average is $45.29.

iShares Investment Grade Bond Factor ETF Profile

The iShares Investment Grade Bond Factor ETF (IGEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad-maturity, multi-factor, investment-grade bond index. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility.