WCG Wealth Advisors LLC Makes New Investment in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

WCG Wealth Advisors LLC acquired a new position in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) in the 2nd quarter, HoldingsChannel reports. The fund acquired 11,997 shares of the company’s stock, valued at approximately $532,000.

Several other institutional investors also recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted its stake in shares of iShares Investment Grade Bond Factor ETF by 450.0% in the second quarter. Envestnet Asset Management Inc. now owns 6,488,594 shares of the company’s stock valued at $287,834,000 after purchasing an additional 5,308,807 shares during the period. LPL Financial LLC boosted its stake in shares of iShares Investment Grade Bond Factor ETF by 187.8% in the second quarter. LPL Financial LLC now owns 2,131,417 shares of the company’s stock valued at $94,550,000 after purchasing an additional 1,390,904 shares during the period. State of New Jersey Common Pension Fund D boosted its stake in shares of iShares Investment Grade Bond Factor ETF by 113.1% in the second quarter. State of New Jersey Common Pension Fund D now owns 1,171,932 shares of the company’s stock valued at $51,987,000 after purchasing an additional 621,932 shares during the period. CWM LLC boosted its stake in shares of iShares Investment Grade Bond Factor ETF by 2.1% in the second quarter. CWM LLC now owns 1,010,995 shares of the company’s stock valued at $44,848,000 after purchasing an additional 21,057 shares during the period. Finally, Hennion & Walsh Asset Management Inc. boosted its stake in shares of iShares Investment Grade Bond Factor ETF by 16.1% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 859,667 shares of the company’s stock valued at $38,135,000 after purchasing an additional 119,464 shares during the period.

iShares Investment Grade Bond Factor ETF Trading Up 0.2 %

BATS IGEB opened at $46.57 on Friday. 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 fifty day moving average price is $45.63 and its two-hundred day moving average price is $44.76.

iShares Investment Grade Bond Factor ETF Increases Dividend

The business also recently disclosed 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 of this dividend was Tuesday, September 3rd.

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.