Hoese & Co LLP Increases Position in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Hoese & Co LLP increased its stake in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 42.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 54,275 shares of the company’s stock after acquiring an additional 16,150 shares during the period. iShares Investment Grade Bond Factor ETF comprises about 2.1% of Hoese & Co LLP’s portfolio, making the stock its 13th biggest position. Hoese & Co LLP’s holdings in iShares Investment Grade Bond Factor ETF were worth $2,408,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Coldstream Capital Management Inc. lifted its position in shares of iShares Investment Grade Bond Factor ETF by 4.8% during the 3rd quarter. Coldstream Capital Management Inc. now owns 5,355 shares of the company’s stock valued at $249,000 after acquiring an additional 243 shares during the period. Bay Harbor Wealth Management LLC raised its holdings in iShares Investment Grade Bond Factor ETF by 1.2% during the third quarter. Bay Harbor Wealth Management LLC now owns 26,775 shares of the company’s stock worth $1,244,000 after purchasing an additional 329 shares during the last quarter. US Bancorp DE boosted its position in iShares Investment Grade Bond Factor ETF by 0.6% during the third quarter. US Bancorp DE now owns 83,887 shares of the company’s stock worth $3,898,000 after purchasing an additional 540 shares in the last quarter. Vertex Planning Partners LLC grew its holdings in iShares Investment Grade Bond Factor ETF by 6.1% in the third quarter. Vertex Planning Partners LLC now owns 9,578 shares of the company’s stock valued at $445,000 after purchasing an additional 548 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of iShares Investment Grade Bond Factor ETF in the third quarter valued at $26,000.

iShares Investment Grade Bond Factor ETF Stock Up 1.2 %

BATS:IGEB opened at $44.32 on Tuesday. iShares Investment Grade Bond Factor ETF has a 52-week low of $48.61 and a 52-week high of $50.95. The stock has a fifty day simple moving average of $44.73 and a 200-day simple moving average of $45.30.

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.