iShares Investment Grade Bond Factor ETF (BATS:IGEB) Shares Bought by FreeGulliver LLC

FreeGulliver LLC grew its stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 12.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 51,086 shares of the company’s stock after purchasing an additional 5,535 shares during the period. iShares Investment Grade Bond Factor ETF comprises 1.1% of FreeGulliver LLC’s investment portfolio, making the stock its 17th biggest position. FreeGulliver LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $2,266,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of IGEB. Wilmington Savings Fund Society FSB acquired a new position in shares of iShares Investment Grade Bond Factor ETF in the 3rd quarter valued at about $26,000. Assetmark Inc. acquired a new position in shares of iShares Investment Grade Bond Factor ETF in the 3rd quarter valued at about $29,000. FMR LLC lifted its holdings in shares of iShares Investment Grade Bond Factor ETF by 46,350.0% in the 3rd quarter. FMR LLC now owns 929 shares of the company’s stock valued at $43,000 after buying an additional 927 shares during the period. Midwest Capital Advisors LLC acquired a new position in shares of iShares Investment Grade Bond Factor ETF in the 4th quarter valued at about $108,000. Finally, Principal Securities Inc. lifted its holdings in shares of iShares Investment Grade Bond Factor ETF by 207.6% in the 4th quarter. Principal Securities Inc. now owns 2,919 shares of the company’s stock valued at $129,000 after buying an additional 1,970 shares during the period.

iShares Investment Grade Bond Factor ETF Price Performance

Shares of IGEB stock opened at $44.83 on Wednesday. The business has a 50-day simple moving average of $44.61 and a 200-day simple moving average of $45.14. iShares Investment Grade Bond Factor ETF has a 52-week low of $43.28 and a 52-week high of $46.76.

iShares Investment Grade Bond Factor ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.1843 dividend. This is a boost from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Monday, March 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.