iShares Investment Grade Bond Factor ETF (BATS:IGEB) Position Boosted by 1620 Investment Advisors Inc.

1620 Investment Advisors Inc. raised its holdings in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 12.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,743 shares of the company’s stock after acquiring an additional 1,498 shares during the quarter. 1620 Investment Advisors Inc. owned approximately 0.09% of iShares Investment Grade Bond Factor ETF worth $610,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. LPL Financial LLC lifted its holdings in shares of iShares Investment Grade Bond Factor ETF by 3.5% during the 3rd quarter. LPL Financial LLC now owns 2,206,094 shares of the company’s stock valued at $102,517,000 after buying an additional 74,677 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of iShares Investment Grade Bond Factor ETF by 16.2% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 1,091,067 shares of the company’s stock valued at $48,400,000 after buying an additional 152,298 shares during the last quarter. World Investment Advisors LLC lifted its holdings in shares of iShares Investment Grade Bond Factor ETF by 15,153.5% during the 3rd quarter. World Investment Advisors LLC now owns 953,498 shares of the company’s stock valued at $44,309,000 after buying an additional 947,247 shares during the last quarter. Stratos Investment Management LLC lifted its holdings in shares of iShares Investment Grade Bond Factor ETF by 42.4% during the 4th quarter. Stratos Investment Management LLC now owns 835,460 shares of the company’s stock valued at $37,061,000 after buying an additional 248,604 shares during the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of iShares Investment Grade Bond Factor ETF by 8.2% during the 3rd quarter. MML Investors Services LLC now owns 659,064 shares of the company’s stock valued at $30,627,000 after buying an additional 50,215 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Stock Performance

IGEB opened at $45.00 on Friday. The business has a 50 day moving average price of $44.64 and a 200 day moving average price of $45.14. iShares Investment Grade Bond Factor ETF has a twelve month low of $43.28 and a twelve month high of $46.76.

iShares Investment Grade Bond Factor ETF Increases Dividend

The business also recently announced 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 positive change from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Monday, March 3rd.

About iShares Investment Grade Bond Factor ETF

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.