iShares Investment Grade Systematic Bond ETF $IGEB is Hoese & Co LLP’s 10th Largest Position

Hoese & Co LLP grew its holdings in iShares Investment Grade Systematic Bond ETF (BATS:IGEB) by 27.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 75,609 shares of the company’s stock after buying an additional 16,090 shares during the quarter. iShares Investment Grade Systematic Bond ETF accounts for about 2.7% of Hoese & Co LLP’s investment portfolio, making the stock its 10th biggest holding. Hoese & Co LLP’s holdings in iShares Investment Grade Systematic Bond ETF were worth $3,481,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Compound Planning Inc. purchased a new position in iShares Investment Grade Systematic Bond ETF in the first quarter worth $216,000. First Horizon Advisors Inc. boosted its position in shares of iShares Investment Grade Systematic Bond ETF by 38.2% during the 2nd quarter. First Horizon Advisors Inc. now owns 9,856 shares of the company’s stock worth $448,000 after purchasing an additional 2,724 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of iShares Investment Grade Systematic Bond ETF by 1.7% during the 2nd quarter. NewEdge Advisors LLC now owns 17,609 shares of the company’s stock worth $800,000 after purchasing an additional 302 shares during the period. Farther Finance Advisors LLC increased its holdings in shares of iShares Investment Grade Systematic Bond ETF by 5.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 31,327 shares of the company’s stock valued at $1,442,000 after purchasing an additional 1,624 shares in the last quarter. Finally, Ascent Group LLC lifted its stake in shares of iShares Investment Grade Systematic Bond ETF by 95.2% in the first quarter. Ascent Group LLC now owns 45,778 shares of the company’s stock valued at $2,060,000 after purchasing an additional 22,331 shares during the period.

iShares Investment Grade Systematic Bond ETF Stock Performance

Shares of IGEB opened at $45.77 on Friday. iShares Investment Grade Systematic Bond ETF has a twelve month low of $43.12 and a twelve month high of $46.76. The firm’s 50-day moving average is $45.88 and its two-hundred day moving average is $45.64.

iShares Investment Grade Systematic Bond ETF Company 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. IGEB was launched on Jul 11, 2017 and is managed by BlackRock.