iShares Investment Grade Bond Factor ETF (BATS:IGEB) Position Boosted by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV increased its holdings in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 4.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 297,616 shares of the company’s stock after purchasing an additional 11,976 shares during the quarter. Mercer Global Advisors Inc. ADV owned 1.96% of iShares Investment Grade Bond Factor ETF worth $13,202,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Brookstone Capital Management bought a new position in shares of iShares Investment Grade Bond Factor ETF in the second quarter valued at $1,019,000. Nations Financial Group Inc. IA ADV purchased a new stake in shares of iShares Investment Grade Bond Factor ETF during the fourth quarter valued at $253,000. 1620 Investment Advisors Inc. boosted its position in shares of iShares Investment Grade Bond Factor ETF by 12.9% in the 2nd quarter. 1620 Investment Advisors Inc. now owns 11,573 shares of the company’s stock valued at $513,000 after purchasing an additional 1,326 shares during the period. Executive Wealth Management LLC acquired a new position in shares of iShares Investment Grade Bond Factor ETF in the 2nd quarter valued at $227,000. Finally, PNC Financial Services Group Inc. purchased a new position in iShares Investment Grade Bond Factor ETF in the 4th quarter worth about $113,000.

iShares Investment Grade Bond Factor ETF Stock Up 0.2 %

IGEB stock opened at $46.57 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 firm has a 50-day moving average of $45.63 and a two-hundred day moving average of $44.76.

iShares Investment Grade Bond Factor ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.1867 dividend. This is a positive change from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.17. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.