High Falls Advisors Inc Takes Position in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

High Falls Advisors Inc purchased a new position in iShares Investment Grade Bond Factor ETF (BATS:IGEB) during the second quarter, HoldingsChannel reports. The institutional investor purchased 32,761 shares of the company’s stock, valued at approximately $1,453,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Gilliland Jeter Wealth Management LLC acquired a new stake in shares of iShares Investment Grade Bond Factor ETF during the 2nd quarter worth $25,000. Park Place Capital Corp purchased a new position in shares of iShares Investment Grade Bond Factor ETF in the 2nd quarter worth about $38,000. Aspire Private Capital LLC purchased a new position in shares of iShares Investment Grade Bond Factor ETF in the 2nd quarter worth about $42,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of iShares Investment Grade Bond Factor ETF during the 2nd quarter worth about $60,000. Finally, International Assets Investment Management LLC acquired a new stake in iShares Investment Grade Bond Factor ETF during the 2nd quarter worth approximately $83,000.

iShares Investment Grade Bond Factor ETF Stock Up 0.3 %

Shares of IGEB stock opened at $46.54 on Monday. 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’s 50 day moving average price is $45.82 and its two-hundred day moving average price is $44.84.

iShares Investment Grade Bond Factor ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Investors 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 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.