iShares Investment Grade Bond Factor ETF (BATS:IGEB) Shares Acquired by IFP Advisors Inc

IFP Advisors Inc lifted its stake in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 249.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 45,551 shares of the company’s stock after purchasing an additional 32,505 shares during the period. IFP Advisors Inc’s holdings in iShares Investment Grade Bond Factor ETF were worth $2,021,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in IGEB. World Investment Advisors LLC grew its stake 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 worth $44,309,000 after purchasing an additional 947,247 shares during the period. State of New Jersey Common Pension Fund D grew its stake in iShares Investment Grade Bond Factor ETF by 21.3% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 1,421,932 shares of the company’s stock valued at $66,077,000 after acquiring an additional 250,000 shares during the last quarter. Stratos Investment Management LLC grew 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 valued at $37,061,000 after acquiring an additional 248,604 shares during the last quarter. Exchange Traded Concepts LLC acquired a new stake in iShares Investment Grade Bond Factor ETF in the 4th quarter valued at about $9,554,000. Finally, IHT Wealth Management LLC grew its stake in iShares Investment Grade Bond Factor ETF by 48.9% in the 3rd quarter. IHT Wealth Management LLC now owns 601,561 shares of the company’s stock valued at $27,954,000 after acquiring an additional 197,511 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Price Performance

Shares of BATS IGEB opened at $45.16 on Wednesday. iShares Investment Grade Bond Factor ETF has a 52 week low of $48.61 and a 52 week high of $50.95. The company’s 50-day moving average price is $44.45 and its 200 day moving average price is $45.23.

iShares Investment Grade Bond Factor ETF Cuts Dividend

The firm also recently disclosed 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.

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.