TSA Wealth Managment LLC Sells 50,572 Shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB)

TSA Wealth Managment LLC lowered its stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 89.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,222 shares of the company’s stock after selling 50,572 shares during the quarter. TSA Wealth Managment LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $276,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. LPL Financial LLC lifted its holdings in shares of iShares Investment Grade Bond Factor ETF by 3.5% in the third quarter. LPL Financial LLC now owns 2,206,094 shares of the company’s stock worth $102,517,000 after acquiring an additional 74,677 shares during the last quarter. State of New Jersey Common Pension Fund D increased its stake in shares of iShares Investment Grade Bond Factor ETF by 21.3% in the third quarter. State of New Jersey Common Pension Fund D now owns 1,421,932 shares of the company’s stock valued at $66,077,000 after buying an additional 250,000 shares during the period. Hennion & Walsh Asset Management Inc. increased its stake in shares of iShares Investment Grade Bond Factor ETF by 16.2% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,091,067 shares of the company’s stock valued at $48,400,000 after buying an additional 152,298 shares during the period. World Investment Advisors LLC increased its stake in shares of iShares Investment Grade Bond Factor ETF by 15,153.5% in the third quarter. World Investment Advisors LLC now owns 953,498 shares of the company’s stock valued at $44,309,000 after buying an additional 947,247 shares during the period. Finally, Stratos Investment Management LLC increased its stake in shares of iShares Investment Grade Bond Factor ETF by 42.4% in the fourth quarter. Stratos Investment Management LLC now owns 835,460 shares of the company’s stock valued at $37,061,000 after buying an additional 248,604 shares during the period.

iShares Investment Grade Bond Factor ETF Stock Up 3.2 %

iShares Investment Grade Bond Factor ETF stock opened at $45.20 on Tuesday. The business has a 50 day moving average of $44.49 and a 200-day moving average of $45.23. iShares Investment Grade Bond Factor ETF has a 1 year low of $48.61 and a 1 year high of $50.95.

iShares Investment Grade Bond Factor ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be paid a $0.1843 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This is an increase from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.18.

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.