Apollon Wealth Management LLC Increases Stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Apollon Wealth Management LLC grew its position in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 25.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,876 shares of the company’s stock after acquiring an additional 4,059 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $882,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Silver Oak Securities Incorporated purchased a new stake in shares of iShares Investment Grade Bond Factor ETF in the fourth quarter valued at $1,263,000. Stratos Investment Management LLC increased its stake in iShares Investment Grade Bond Factor ETF by 42.4% in the 4th quarter. Stratos Investment Management LLC now owns 835,460 shares of the company’s stock worth $37,061,000 after buying an additional 248,604 shares during the period. Lunt Capital Management Inc. purchased a new position in iShares Investment Grade Bond Factor ETF in the 4th quarter worth about $2,558,000. Dohj LLC increased its stake in iShares Investment Grade Bond Factor ETF by 26.2% in the 4th quarter. Dohj LLC now owns 67,214 shares of the company’s stock worth $2,982,000 after buying an additional 13,956 shares during the period. Finally, Swmg LLC increased its stake in iShares Investment Grade Bond Factor ETF by 13.9% in the 4th quarter. Swmg LLC now owns 28,108 shares of the company’s stock worth $1,248,000 after buying an additional 3,422 shares during the period.

iShares Investment Grade Bond Factor ETF Stock Up 1.6 %

IGEB stock opened at $44.51 on Wednesday. iShares Investment Grade Bond Factor ETF has a 12 month low of $48.61 and a 12 month high of $50.95. The firm’s 50-day moving average is $44.56 and its 200 day moving average is $45.27.

iShares Investment Grade Bond Factor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.1833 dividend. The ex-dividend date was Monday, February 3rd.

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.