TD Waterhouse Canada Inc. Invests $4.88 Million in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

TD Waterhouse Canada Inc. acquired a new stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 109,984 shares of the company’s stock, valued at approximately $4,879,000. TD Waterhouse Canada Inc. owned about 0.73% of iShares Investment Grade Bond Factor ETF at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB bought a new position in shares of iShares Investment Grade Bond Factor ETF during the third quarter valued at $26,000. FMR LLC increased its holdings 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 valued at $43,000 after purchasing an additional 927 shares during the period. Glass Jacobson Investment Advisors llc raised its position in iShares Investment Grade Bond Factor ETF by 222.8% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 1,730 shares of the company’s stock worth $77,000 after purchasing an additional 1,194 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in iShares Investment Grade Bond Factor ETF by 1,243.8% during the 4th quarter. Wells Fargo & Company MN now owns 2,177 shares of the company’s stock worth $97,000 after buying an additional 2,015 shares during the period. Finally, Midwest Capital Advisors LLC bought a new stake in shares of iShares Investment Grade Bond Factor ETF in the 4th quarter valued at about $108,000.

iShares Investment Grade Bond Factor ETF Stock Performance

Shares of IGEB opened at $44.05 on Wednesday. The business has a 50-day moving average of $44.64 and a 200-day moving average of $44.81. iShares Investment Grade Bond Factor ETF has a 1 year low of $43.12 and a 1 year high of $46.76.

iShares Investment Grade Bond Factor ETF Increases Dividend

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

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.