iShares Investment Grade Bond Factor ETF (BATS:IGEB) Shares Bought by Pettinga Financial Advisors LLC

Pettinga Financial Advisors LLC lifted its stake in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 17.4% during the third quarter, Holdings Channel.com reports. The fund owned 7,927 shares of the company’s stock after purchasing an additional 1,176 shares during the period. Pettinga Financial Advisors LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $368,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IGEB. Axxcess Wealth Management LLC bought a new stake in shares of iShares Investment Grade Bond Factor ETF in the 1st quarter worth $279,000. Ascent Group LLC raised its position in iShares Investment Grade Bond Factor ETF by 2.9% in the first quarter. Ascent Group LLC now owns 22,999 shares of the company’s stock worth $1,032,000 after acquiring an additional 656 shares in the last quarter. Atria Investments Inc acquired a new stake in iShares Investment Grade Bond Factor ETF in the 1st quarter valued at about $1,407,000. Cetera Investment Advisers boosted its position in shares of iShares Investment Grade Bond Factor ETF by 189.8% during the 1st quarter. Cetera Investment Advisers now owns 131,825 shares of the company’s stock valued at $5,912,000 after purchasing an additional 86,341 shares in the last quarter. Finally, Cetera Advisors LLC grew its stake in shares of iShares Investment Grade Bond Factor ETF by 111.6% in the 1st quarter. Cetera Advisors LLC now owns 34,476 shares of the company’s stock worth $1,546,000 after purchasing an additional 18,185 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Trading Up 0.1 %

BATS IGEB opened at $44.82 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 company’s 50 day simple moving average is $45.78 and its 200 day simple moving average is $45.17.

iShares Investment Grade Bond Factor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.1867 dividend. The ex-dividend date was Tuesday, September 3rd. This is a boost from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.17.

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.