National Bank of Canada FI Grows Position in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

National Bank of Canada FI lifted its stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 16.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,926 shares of the company’s stock after buying an additional 1,986 shares during the quarter. National Bank of Canada FI’s holdings in iShares Investment Grade Bond Factor ETF were worth $618,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new position in shares of iShares Investment Grade Bond Factor ETF in the third quarter worth $26,000. FMR LLC lifted its holdings in shares of iShares Investment Grade Bond Factor ETF by 46,350.0% in the third quarter. FMR LLC now owns 929 shares of the company’s stock worth $43,000 after buying an additional 927 shares in the last quarter. Midwest Capital Advisors LLC purchased a new position in shares of iShares Investment Grade Bond Factor ETF in the fourth quarter worth $108,000. Principal Securities Inc. lifted its holdings 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 worth $129,000 after buying an additional 1,970 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of iShares Investment Grade Bond Factor ETF by 43.8% in the fourth 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 in the last quarter.

iShares Investment Grade Bond Factor ETF Price Performance

IGEB stock opened at $44.24 on Thursday. iShares Investment Grade Bond Factor ETF has a one year low of $43.19 and a one year high of $46.76. The company’s fifty day moving average price is $44.73 and its 200-day moving average price is $44.96.

iShares Investment Grade Bond Factor ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.1843 per share. This is an increase from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.18. The ex-dividend date was Monday, March 3rd.

iShares Investment Grade Bond Factor 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.