Private Advisor Group LLC Acquires 22,792 Shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Private Advisor Group LLC increased its holdings in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 8.7% during the 4th quarter, HoldingsChannel reports. The fund owned 283,641 shares of the company’s stock after buying an additional 22,792 shares during the period. Private Advisor Group LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $12,582,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. LPL Financial LLC increased its position in shares of 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 valued at $102,517,000 after acquiring an additional 74,677 shares in the last quarter. State of New Jersey Common Pension Fund D increased its holdings in shares of iShares Investment Grade Bond Factor ETF by 21.3% in the 3rd 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 purchasing an additional 250,000 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its stake in shares of iShares Investment Grade Bond Factor ETF by 16.2% in 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 last quarter. World Investment Advisors LLC lifted its holdings in shares of iShares Investment Grade Bond Factor ETF by 15,153.5% during the third quarter. World Investment Advisors LLC now owns 953,498 shares of the company’s stock valued at $44,309,000 after purchasing an additional 947,247 shares in the last quarter. Finally, Stratos Investment Management LLC boosted its position in shares of iShares Investment Grade Bond Factor ETF by 42.4% during the fourth quarter. Stratos Investment Management LLC now owns 835,460 shares of the company’s stock valued at $37,061,000 after buying an additional 248,604 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Trading Up 2.1 %

BATS IGEB opened at $44.69 on Friday. iShares Investment Grade Bond Factor ETF has a one year low of $48.61 and a one year high of $50.95. The stock has a 50-day moving average of $44.45 and a 200 day moving average of $45.24.

iShares Investment Grade Bond Factor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.1833 dividend. The ex-dividend date was Monday, February 3rd.

About iShares Investment Grade Bond Factor ETF

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.