IFP Advisors Inc Raises Stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

IFP Advisors Inc raised its position in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 249.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 45,551 shares of the company’s stock after acquiring an additional 32,505 shares during the quarter. IFP Advisors Inc owned approximately 0.30% of iShares Investment Grade Bond Factor ETF worth $2,021,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC lifted its stake in iShares Investment Grade Bond Factor ETF by 4.5% in the third quarter. Janney Montgomery Scott LLC now owns 639,972 shares of the company’s stock worth $29,739,000 after acquiring an additional 27,579 shares during the last quarter. FMR LLC lifted its stake in iShares Investment Grade Bond Factor ETF by 46,350.0% in the third quarter. FMR LLC now owns 929 shares of the company’s stock worth $43,000 after acquiring an additional 927 shares during the last quarter. Verus Capital Partners LLC lifted its stake in iShares Investment Grade Bond Factor ETF by 29.4% in the third quarter. Verus Capital Partners LLC now owns 7,521 shares of the company’s stock worth $349,000 after acquiring an additional 1,707 shares during the last quarter. First Heartland Consultants Inc. purchased a new position in iShares Investment Grade Bond Factor ETF in the third quarter worth approximately $285,000. Finally, TSA Wealth Managment LLC lifted its stake in iShares Investment Grade Bond Factor ETF by 9.1% in the third quarter. TSA Wealth Managment LLC now owns 56,794 shares of the company’s stock worth $2,639,000 after acquiring an additional 4,735 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Trading Up 3.1 %

Shares of iShares Investment Grade Bond Factor ETF stock 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 has a 50 day moving average of $44.45 and a 200 day moving average of $45.23.

iShares Investment Grade Bond Factor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.1833 per share. The ex-dividend date was Monday, February 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.