Ascent Group LLC Increases Position in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Ascent Group LLC grew its holdings in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 79.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 41,262 shares of the company’s stock after acquiring an additional 18,263 shares during the period. Ascent Group LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $1,830,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Janney Montgomery Scott LLC bought a new position in iShares Investment Grade Bond Factor ETF during the 4th quarter valued at approximately $747,000. Stifel Financial Corp purchased a new stake in shares of iShares Investment Grade Bond Factor ETF in the fourth quarter worth $4,792,000. PNC Financial Services Group Inc. purchased a new stake in shares of iShares Investment Grade Bond Factor ETF in the fourth quarter worth $113,000. Park Avenue Securities LLC increased its holdings in shares of iShares Investment Grade Bond Factor ETF by 35.1% during the first quarter. Park Avenue Securities LLC now owns 32,452 shares of the company’s stock valued at $1,455,000 after acquiring an additional 8,440 shares in the last quarter. Finally, RFG Advisory LLC raised its position in shares of iShares Investment Grade Bond Factor ETF by 7.7% in the 1st quarter. RFG Advisory LLC now owns 61,964 shares of the company’s stock worth $2,779,000 after purchasing an additional 4,405 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Price Performance

Shares of IGEB stock opened at $46.54 on Monday. iShares Investment Grade Bond Factor ETF has a one year low of $48.61 and a one year high of $50.95. The company’s 50-day moving average is $45.82 and its 200 day moving average is $44.84.

iShares Investment Grade Bond Factor ETF Increases Dividend

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

About iShares Investment Grade Bond Factor ETF

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.