iShares Investment Grade Bond Factor ETF (BATS:IGEB) Stock Position Reduced by Icon Wealth Advisors LLC

Icon Wealth Advisors LLC decreased its stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 96.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,020 shares of the company’s stock after selling 32,409 shares during the period. Icon Wealth Advisors LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $47,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in IGEB. Axxcess Wealth Management LLC acquired a new stake in iShares Investment Grade Bond Factor ETF in the 1st quarter valued at approximately $279,000. Ascent Group LLC boosted its position in shares of 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 buying an additional 656 shares during the period. Atria Investments Inc acquired a new stake in shares of iShares Investment Grade Bond Factor ETF in the first quarter worth $1,407,000. Cetera Investment Advisers boosted its position in shares of iShares Investment Grade Bond Factor ETF by 189.8% in the first quarter. Cetera Investment Advisers now owns 131,825 shares of the company’s stock worth $5,912,000 after buying an additional 86,341 shares during the period. Finally, Cetera Advisors LLC boosted its position in iShares Investment Grade Bond Factor ETF by 111.6% during the first quarter. Cetera Advisors LLC now owns 34,476 shares of the company’s stock valued at $1,546,000 after purchasing an additional 18,185 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Price Performance

IGEB opened at $44.89 on Monday. iShares Investment Grade Bond Factor ETF has a 1 year low of $48.61 and a 1 year high of $50.95. The stock has a fifty day moving average price of $45.63 and a 200 day moving average price of $45.20.

iShares Investment Grade Bond Factor ETF Increases Dividend

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