Wealth Alliance purchased a new stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB – Free Report) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 5,596 shares of the company’s stock, valued at approximately $248,000.
Other large investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC bought a new stake in shares of iShares Investment Grade Bond Factor ETF in the 4th quarter valued at approximately $747,000. Advisory Services Network LLC bought a new stake in iShares Investment Grade Bond Factor ETF during the fourth quarter valued at $1,758,000. Nations Financial Group Inc. IA ADV acquired a new stake in shares of iShares Investment Grade Bond Factor ETF during the fourth quarter worth $253,000. Stifel Financial Corp bought a new position in shares of iShares Investment Grade Bond Factor ETF in the 4th quarter worth about $4,792,000. Finally, PNC Financial Services Group Inc. acquired a new position in shares of iShares Investment Grade Bond Factor ETF in the 4th quarter valued at about $113,000.
iShares Investment Grade Bond Factor ETF Price Performance
Shares of BATS:IGEB opened at $46.57 on Friday. iShares Investment Grade Bond Factor ETF has a fifty-two week low of $48.61 and a fifty-two week high of $50.95. The firm has a 50-day simple moving average of $45.66 and a 200 day simple moving average of $44.77.
iShares Investment Grade Bond Factor ETF Increases Dividend
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.
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Want to see what other hedge funds are holding IGEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Investment Grade Bond Factor ETF (BATS:IGEB – Free Report).
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