Ade LLC Has $381,000 Holdings in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Ade LLC raised its holdings in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 46.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 8,581 shares of the company’s stock after purchasing an additional 2,733 shares during the quarter. Ade LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $381,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Hoese & Co LLP boosted its position in iShares Investment Grade Bond Factor ETF by 42.4% during the fourth quarter. Hoese & Co LLP now owns 54,275 shares of the company’s stock worth $2,408,000 after purchasing an additional 16,150 shares during the period. Merit Financial Group LLC lifted its stake in shares of iShares Investment Grade Bond Factor ETF by 176.5% during the 4th quarter. Merit Financial Group LLC now owns 14,373 shares of the company’s stock worth $638,000 after buying an additional 9,174 shares during the last quarter. Fermata Advisors LLC boosted its holdings in shares of iShares Investment Grade Bond Factor ETF by 77.2% during the 4th quarter. Fermata Advisors LLC now owns 17,223 shares of the company’s stock worth $764,000 after buying an additional 7,504 shares during the period. Hennion & Walsh Asset Management Inc. grew its stake in 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 buying an additional 152,298 shares during the last quarter. Finally, Breakwater Capital Group raised its holdings in iShares Investment Grade Bond Factor ETF by 32.6% in the 4th quarter. Breakwater Capital Group now owns 57,027 shares of the company’s stock valued at $2,530,000 after acquiring an additional 14,035 shares during the period.

iShares Investment Grade Bond Factor ETF Stock Performance

Shares of IGEB stock opened at $44.32 on Tuesday. iShares Investment Grade Bond Factor ETF has a 12-month low of $48.61 and a 12-month high of $50.95. The firm has a 50 day moving average price of $44.73 and a two-hundred day moving average price 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.