FreeGulliver LLC Buys 5,535 Shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB)

FreeGulliver LLC raised its stake in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 12.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,086 shares of the company’s stock after acquiring an additional 5,535 shares during the quarter. iShares Investment Grade Bond Factor ETF makes up about 1.1% of FreeGulliver LLC’s portfolio, making the stock its 17th biggest position. FreeGulliver LLC owned approximately 0.34% of iShares Investment Grade Bond Factor ETF worth $2,266,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares Investment Grade Bond Factor ETF in the 3rd quarter worth $26,000. Assetmark Inc. acquired a new stake in shares of iShares Investment Grade Bond Factor ETF in the 3rd quarter worth $29,000. FMR LLC raised its stake in iShares Investment Grade Bond Factor ETF by 46,350.0% in the 3rd 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. Midwest Capital Advisors LLC acquired a new stake in iShares Investment Grade Bond Factor ETF during the 4th quarter worth about $108,000. Finally, Principal Securities Inc. lifted its position in iShares Investment Grade Bond Factor ETF by 207.6% during the 4th quarter. Principal Securities Inc. now owns 2,919 shares of the company’s stock worth $129,000 after acquiring an additional 1,970 shares during the period.

iShares Investment Grade Bond Factor ETF Stock Up 2.4 %

Shares of IGEB opened at $44.83 on Wednesday. The stock has a 50-day moving average of $44.61 and a two-hundred day moving average of $45.14. iShares Investment Grade Bond Factor ETF has a one year low of $43.28 and a one year high of $46.76.

iShares Investment Grade Bond Factor ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.1843 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.18.

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.