McGlone Suttner Wealth Management Inc. Boosts Stock Position in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

McGlone Suttner Wealth Management Inc. lifted its holdings in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 40.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 252,863 shares of the company’s stock after purchasing an additional 72,474 shares during the period. iShares Investment Grade Bond Factor ETF comprises approximately 1.9% of McGlone Suttner Wealth Management Inc.’s portfolio, making the stock its 11th largest holding. McGlone Suttner Wealth Management Inc.’s holdings in iShares Investment Grade Bond Factor ETF were worth $11,217,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the stock. LPL Financial LLC lifted its holdings in iShares Investment Grade Bond Factor ETF by 3.5% during the third quarter. LPL Financial LLC now owns 2,206,094 shares of the company’s stock worth $102,517,000 after buying an additional 74,677 shares during the period. State of New Jersey Common Pension Fund D grew its stake in shares of iShares Investment Grade Bond Factor ETF by 21.3% during the third quarter. State of New Jersey Common Pension Fund D now owns 1,421,932 shares of the company’s stock worth $66,077,000 after acquiring an additional 250,000 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of iShares Investment Grade Bond Factor ETF by 16.2% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,091,067 shares of the company’s stock worth $48,400,000 after purchasing an additional 152,298 shares during the period. World Investment Advisors LLC boosted its position in 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 last quarter. Finally, MML Investors Services LLC raised its position in iShares Investment Grade Bond Factor ETF by 8.2% during the 3rd quarter. MML Investors Services LLC now owns 659,064 shares of the company’s stock worth $30,627,000 after buying an additional 50,215 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Trading Up 1.3 %

Shares of iShares Investment Grade Bond Factor ETF stock opened at $44.36 on Friday. The firm has a 50-day simple moving average of $44.71 and a two-hundred day simple moving average of $45.29. iShares Investment Grade Bond Factor ETF has a fifty-two week low of $48.61 and a fifty-two week high of $50.95.

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.