iShares Investment Grade Bond Factor ETF (BATS:IGEB) is Ameliora Wealth Management Ltd.’s 2nd Largest Position

Ameliora Wealth Management Ltd. increased its position in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 2.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 284,232 shares of the company’s stock after acquiring an additional 7,555 shares during the period. iShares Investment Grade Bond Factor ETF comprises approximately 5.8% of Ameliora Wealth Management Ltd.’s portfolio, making the stock its 2nd biggest holding. Ameliora Wealth Management Ltd.’s holdings in iShares Investment Grade Bond Factor ETF were worth $12,748,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of IGEB. ICA Group Wealth Management LLC bought a new position in iShares Investment Grade Bond Factor ETF during the fourth quarter valued at about $55,000. SouthState Corp bought a new position in iShares Investment Grade Bond Factor ETF during the fourth quarter valued at about $56,000. PNC Financial Services Group Inc. bought a new position in iShares Investment Grade Bond Factor ETF during the fourth quarter valued at about $113,000. SteelPeak Wealth LLC bought a new position in iShares Investment Grade Bond Factor ETF during the fourth quarter valued at about $203,000. Finally, Kraft Davis & Associates LLC bought a new position in iShares Investment Grade Bond Factor ETF during the fourth quarter valued at about $244,000.

iShares Investment Grade Bond Factor ETF Price Performance

BATS IGEB traded down $0.21 during trading on Friday, hitting $44.36. 157,814 shares of the company traded hands. iShares Investment Grade Bond Factor ETF has a 12 month low of $48.61 and a 12 month high of $50.95. The business has a fifty day simple moving average of $44.21 and a 200 day simple moving average of $44.49.

iShares Investment Grade Bond Factor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were issued a dividend of $0.1867 per share. The ex-dividend date of this dividend was Monday, June 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.