Dynasty Wealth Management LLC Cuts Holdings in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Dynasty Wealth Management LLC reduced its holdings in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 40.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,516 shares of the company’s stock after selling 24,542 shares during the quarter. Dynasty Wealth Management LLC owned about 0.24% of iShares Investment Grade Bond Factor ETF worth $1,620,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. LPL Financial LLC lifted its holdings in iShares Investment Grade Bond Factor ETF by 3.5% in the third quarter. LPL Financial LLC now owns 2,206,094 shares of the company’s stock valued at $102,517,000 after acquiring an additional 74,677 shares during the period. State of New Jersey Common Pension Fund D increased its holdings in shares of 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 purchasing an additional 250,000 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its holdings in shares of iShares Investment Grade Bond Factor ETF by 16.2% in 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 purchasing an additional 152,298 shares in the last quarter. World Investment Advisors LLC lifted its stake in shares of iShares Investment Grade Bond Factor ETF by 15,153.5% in the third quarter. World Investment Advisors LLC now owns 953,498 shares of the company’s stock valued at $44,309,000 after purchasing an additional 947,247 shares during the period. Finally, Stratos Investment Management LLC boosted its holdings in iShares Investment Grade Bond Factor ETF by 42.4% during the fourth quarter. Stratos Investment Management LLC now owns 835,460 shares of the company’s stock worth $37,061,000 after buying an additional 248,604 shares in the last quarter.

iShares Investment Grade Bond Factor ETF Trading Up 3.1 %

IGEB stock opened at $45.13 on Friday. The firm has a 50 day moving average of $44.46 and a 200-day moving average of $45.23. iShares Investment Grade Bond Factor ETF has a 12-month low of $48.61 and a 12-month high of $50.95.

iShares Investment Grade Bond Factor ETF Cuts Dividend

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