LPL Financial LLC Purchases 74,677 Shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB)

LPL Financial LLC lifted its holdings in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 3.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,206,094 shares of the company’s stock after purchasing an additional 74,677 shares during the quarter. LPL Financial LLC owned about 14.56% of iShares Investment Grade Bond Factor ETF worth $102,517,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in IGEB. Brookstone Capital Management bought a new stake in shares of iShares Investment Grade Bond Factor ETF during the 2nd quarter worth approximately $1,019,000. Janney Montgomery Scott LLC grew its position in shares of iShares Investment Grade Bond Factor ETF by 4.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 639,972 shares of the company’s stock worth $29,739,000 after purchasing an additional 27,579 shares in the last quarter. 1620 Investment Advisors Inc. grew its position in iShares Investment Grade Bond Factor ETF by 12.9% during the second quarter. 1620 Investment Advisors Inc. now owns 11,573 shares of the company’s stock worth $513,000 after buying an additional 1,326 shares in the last quarter. Executive Wealth Management LLC acquired a new stake in shares of iShares Investment Grade Bond Factor ETF during the 2nd quarter worth $227,000. Finally, Diversify Advisory Services LLC bought a new position in iShares Investment Grade Bond Factor ETF in the 2nd quarter valued at about $603,000.

iShares Investment Grade Bond Factor ETF Stock Performance

Shares of IGEB opened at $44.89 on Friday. iShares Investment Grade Bond Factor ETF has a one year low of $48.61 and a one year high of $50.95. The firm has a 50 day simple moving average of $45.63 and a two-hundred day simple moving average of $45.19.

iShares Investment Grade Bond Factor ETF Increases Dividend

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

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.