Park Place Capital Corp Takes Position in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Park Place Capital Corp bought a new stake in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 861 shares of the company’s stock, valued at approximately $38,000.

Several other institutional investors also recently made changes to their positions in IGEB. Ascent Group LLC boosted its position in shares of iShares Investment Grade Bond Factor ETF by 2.9% during the first quarter. Ascent Group LLC now owns 22,999 shares of the company’s stock worth $1,032,000 after buying an additional 656 shares during the period. Altus Wealth Management LLC boosted its position in shares of iShares Investment Grade Bond Factor ETF by 2.2% during the fourth quarter. Altus Wealth Management LLC now owns 32,964 shares of the company’s stock worth $1,491,000 after buying an additional 716 shares during the period. Dohj LLC boosted its position in shares of iShares Investment Grade Bond Factor ETF by 3.0% during the first quarter. Dohj LLC now owns 34,376 shares of the company’s stock worth $1,542,000 after buying an additional 1,000 shares during the period. ICA Group Wealth Management LLC acquired a new position in shares of iShares Investment Grade Bond Factor ETF during the fourth quarter worth approximately $55,000. Finally, SouthState Corp acquired a new position in shares of iShares Investment Grade Bond Factor ETF during the fourth quarter worth approximately $56,000.

iShares Investment Grade Bond Factor ETF Stock Performance

Shares of BATS IGEB traded up $0.35 during midday trading on Friday, hitting $45.59. 118,853 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $44.63 and its 200-day moving average price is $44.46. iShares Investment Grade Bond Factor ETF has a twelve month low of $48.61 and a twelve month high of $50.95.

iShares Investment Grade Bond Factor ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were paid a dividend of $0.1689 per share. The ex-dividend date was Monday, July 1st.

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.