iShares Investment Grade Bond Factor ETF (BATS:IGEB) Shares Bought by Vertex Planning Partners LLC

Vertex Planning Partners LLC raised its holdings in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 5.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 10,082 shares of the company’s stock after buying an additional 504 shares during the quarter. Vertex Planning Partners LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $447,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IGEB. Wilmington Savings Fund Society FSB acquired a new position in shares of iShares Investment Grade Bond Factor ETF in the third quarter worth about $26,000. FMR LLC raised its holdings in iShares Investment Grade Bond Factor ETF by 46,350.0% in the 3rd quarter. FMR LLC now owns 929 shares of the company’s stock worth $43,000 after purchasing an additional 927 shares during the period. Midwest Capital Advisors LLC acquired a new stake in iShares Investment Grade Bond Factor ETF in the fourth quarter valued at approximately $108,000. Principal Securities Inc. increased its position in shares of iShares Investment Grade Bond Factor ETF by 207.6% in the fourth quarter. Principal Securities Inc. now owns 2,919 shares of the company’s stock valued at $129,000 after buying an additional 1,970 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of iShares Investment Grade Bond Factor ETF by 43.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 4,375 shares of the company’s stock worth $194,000 after buying an additional 1,332 shares during the period.

iShares Investment Grade Bond Factor ETF Price Performance

iShares Investment Grade Bond Factor ETF stock opened at $44.72 on Friday. The company’s fifty day moving average price is $44.73 and its 200 day moving average price is $45.10. iShares Investment Grade Bond Factor ETF has a 1 year low of $43.28 and a 1 year high of $46.76.

iShares Investment Grade Bond Factor ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.1843 dividend. This is a positive change from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Monday, March 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.