Geneos Wealth Management Inc. Grows Position in iShares Investment Grade Systematic Bond ETF $IGEB

Geneos Wealth Management Inc. grew its stake in shares of iShares Investment Grade Systematic Bond ETF (BATS:IGEB) by 2.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 167,232 shares of the company’s stock after buying an additional 4,213 shares during the period. Geneos Wealth Management Inc. owned 0.69% of iShares Investment Grade Systematic Bond ETF worth $7,527,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in shares of iShares Investment Grade Systematic Bond ETF in the first quarter valued at $27,518,000. Envestnet Asset Management Inc. grew its position in shares of iShares Investment Grade Systematic Bond ETF by 23.9% in the first quarter. Envestnet Asset Management Inc. now owns 1,862,573 shares of the company’s stock valued at $83,834,000 after purchasing an additional 358,899 shares during the period. State of New Jersey Common Pension Fund D grew its position in shares of iShares Investment Grade Systematic Bond ETF by 14.1% in the first quarter. State of New Jersey Common Pension Fund D now owns 1,621,932 shares of the company’s stock valued at $73,003,000 after purchasing an additional 200,000 shares during the period. Merit Financial Group LLC grew its position in shares of iShares Investment Grade Systematic Bond ETF by 1,236.8% in the first quarter. Merit Financial Group LLC now owns 192,141 shares of the company’s stock valued at $8,648,000 after purchasing an additional 177,768 shares during the period. Finally, Betterment LLC grew its position in shares of iShares Investment Grade Systematic Bond ETF by 31.8% in the first quarter. Betterment LLC now owns 634,891 shares of the company’s stock valued at $28,576,000 after purchasing an additional 153,230 shares during the period.

iShares Investment Grade Systematic Bond ETF Stock Up 5.0%

Shares of BATS:IGEB opened at $45.97 on Wednesday. iShares Investment Grade Systematic Bond ETF has a 52 week low of $43.12 and a 52 week high of $46.76. The business has a fifty day simple moving average of $45.37 and a 200-day simple moving average of $44.89.

iShares Investment Grade Systematic Bond 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.