iShares Investment Grade Bond Factor ETF (BATS:IGEB) Shares Sold by Dynasty Wealth Management LLC

Dynasty Wealth Management LLC reduced its stake in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 40.2% during the 4th quarter, HoldingsChannel reports. The fund owned 36,516 shares of the company’s stock after selling 24,542 shares during the period. Dynasty Wealth Management LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $1,620,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Coldstream Capital Management Inc. boosted its holdings in shares of iShares Investment Grade Bond Factor ETF by 4.8% in the 3rd quarter. Coldstream Capital Management Inc. now owns 5,355 shares of the company’s stock valued at $249,000 after purchasing an additional 243 shares during the last quarter. US Bancorp DE raised its position in shares of iShares Investment Grade Bond Factor ETF by 0.6% in the 3rd quarter. US Bancorp DE now owns 83,887 shares of the company’s stock worth $3,898,000 after buying an additional 540 shares during the period. Vertex Planning Partners LLC raised its position in shares of iShares Investment Grade Bond Factor ETF by 6.1% in the 3rd quarter. Vertex Planning Partners LLC now owns 9,578 shares of the company’s stock worth $445,000 after buying an additional 548 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in iShares Investment Grade Bond Factor ETF in the third quarter valued at $26,000. Finally, Assetmark Inc. purchased a new stake in iShares Investment Grade Bond Factor ETF during the third quarter valued at about $29,000.

iShares Investment Grade Bond Factor ETF Stock Performance

Shares of BATS:IGEB opened at $45.13 on Friday. iShares Investment Grade Bond Factor ETF has a 12 month low of $48.61 and a 12 month high of $50.95. The business has a 50-day moving average of $44.46 and a two-hundred day moving average of $45.23.

iShares Investment Grade Bond Factor ETF Cuts Dividend

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

iShares Investment Grade Bond Factor ETF Company 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.