Centerpoint Advisory Group Takes Position in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Centerpoint Advisory Group purchased a new position in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 16,036 shares of the company’s stock, valued at approximately $711,000. Centerpoint Advisory Group owned 0.11% of iShares Investment Grade Bond Factor ETF at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Coldstream Capital Management Inc. boosted its stake in iShares Investment Grade Bond Factor ETF by 4.8% in the third quarter. Coldstream Capital Management Inc. now owns 5,355 shares of the company’s stock valued at $249,000 after acquiring an additional 243 shares during the last quarter. Bay Harbor Wealth Management LLC raised its holdings in shares of iShares Investment Grade Bond Factor ETF by 1.2% in the 3rd quarter. Bay Harbor Wealth Management LLC now owns 26,775 shares of the company’s stock worth $1,244,000 after purchasing an additional 329 shares during the period. US Bancorp DE lifted its stake in iShares Investment Grade Bond Factor ETF by 0.6% in the third quarter. US Bancorp DE now owns 83,887 shares of the company’s stock valued at $3,898,000 after purchasing an additional 540 shares during the last quarter. Vertex Planning Partners LLC grew its holdings in iShares Investment Grade Bond Factor ETF by 6.1% during the third quarter. Vertex Planning Partners LLC now owns 9,578 shares of the company’s stock valued at $445,000 after purchasing an additional 548 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new position in iShares Investment Grade Bond Factor ETF during the third quarter valued at $26,000.

iShares Investment Grade Bond Factor ETF Stock Performance

Shares of IGEB opened at $44.74 on Friday. iShares Investment Grade Bond Factor ETF has a 1 year low of $48.61 and a 1 year high of $50.95. The stock’s fifty day moving average price is $44.51 and its two-hundred day moving average price is $45.26.

iShares Investment Grade Bond Factor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.1833 dividend. The ex-dividend date was Monday, February 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.