McGlone Suttner Wealth Management Inc. Makes New Investment in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

McGlone Suttner Wealth Management Inc. acquired a new position in iShares Investment Grade Bond Factor ETF (BATS:IGEB) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 133,954 shares of the company’s stock, valued at approximately $6,061,000. iShares Investment Grade Bond Factor ETF accounts for 1.2% of McGlone Suttner Wealth Management Inc.’s holdings, making the stock its 12th biggest position. McGlone Suttner Wealth Management Inc. owned approximately 2.35% of iShares Investment Grade Bond Factor ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of IGEB. NBC Securities Inc. purchased a new position in shares of iShares Investment Grade Bond Factor ETF in the 3rd quarter valued at approximately $40,000. Sunbelt Securities Inc. purchased a new position in shares of iShares Investment Grade Bond Factor ETF in the 1st quarter valued at approximately $48,000. Advisory Services Network LLC lifted its stake in shares of iShares Investment Grade Bond Factor ETF by 4,731.0% in the 1st quarter. Advisory Services Network LLC now owns 2,029 shares of the company’s stock valued at $91,000 after purchasing an additional 1,987 shares during the period. 1620 Investment Advisors Inc. bought a new stake in shares of iShares Investment Grade Bond Factor ETF in the second quarter worth $210,000. Finally, National Bank of Canada FI grew its holdings in shares of iShares Investment Grade Bond Factor ETF by 5.6% in the third quarter. National Bank of Canada FI now owns 9,943 shares of the company’s stock worth $417,000 after acquiring an additional 523 shares during the period.

iShares Investment Grade Bond Factor ETF Price Performance

BATS IGEB traded down $0.02 on Thursday, hitting $44.85. 185,348 shares of the company traded hands. The business’s 50 day moving average price is $44.66 and its 200-day moving average price is $43.78. iShares Investment Grade Bond Factor ETF has a 52-week low of $48.61 and a 52-week high of $50.95.

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.