SigFig Wealth Management LLC Invests $1.13 Million in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

SigFig Wealth Management LLC acquired a new stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 25,492 shares of the company’s stock, valued at approximately $1,131,000. SigFig Wealth Management LLC owned about 0.17% of iShares Investment Grade Bond Factor ETF as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Janney Montgomery Scott LLC acquired a new stake in iShares Investment Grade Bond Factor ETF in the 4th quarter valued at $747,000. 1620 Investment Advisors Inc. lifted its stake in iShares Investment Grade Bond Factor ETF by 51.4% in the 4th quarter. 1620 Investment Advisors Inc. now owns 8,966 shares of the company’s stock valued at $406,000 after purchasing an additional 3,042 shares during the last quarter. DORVAL Corp bought a new position in iShares Investment Grade Bond Factor ETF during the fourth quarter worth $9,001,000. Advisory Services Network LLC acquired a new position in iShares Investment Grade Bond Factor ETF in the 4th quarter valued at about $1,758,000. Finally, Nations Financial Group Inc. IA ADV bought a new position in iShares Investment Grade Bond Factor ETF in the 4th quarter valued at about $253,000.

iShares Investment Grade Bond Factor ETF Stock Performance

Shares of IGEB stock opened at $46.48 on Monday. 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 $45.48 and a two-hundred day moving average price of $44.70.

iShares Investment Grade Bond Factor ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.1867 per share. The ex-dividend date was Tuesday, September 3rd. This is an increase from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.17.

iShares Investment Grade Bond Factor ETF Company 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.