79,934 Shares in iShares Investment Grade Bond Factor ETF (BATS:IGEB) Purchased by Truist Financial Corp

Truist Financial Corp purchased a new stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 79,934 shares of the company’s stock, valued at approximately $3,546,000. Truist Financial Corp owned about 0.53% of iShares Investment Grade Bond Factor ETF at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in IGEB. Envestnet Asset Management Inc. boosted its position in shares of iShares Investment Grade Bond Factor ETF by 450.0% in the second quarter. Envestnet Asset Management Inc. now owns 6,488,594 shares of the company’s stock worth $287,834,000 after buying an additional 5,308,807 shares during the period. LPL Financial LLC increased its holdings in shares of iShares Investment Grade Bond Factor ETF by 187.8% in the 2nd quarter. LPL Financial LLC now owns 2,131,417 shares of the company’s stock valued at $94,550,000 after purchasing an additional 1,390,904 shares during the period. State of New Jersey Common Pension Fund D lifted its position in shares of iShares Investment Grade Bond Factor ETF by 113.1% in the second quarter. State of New Jersey Common Pension Fund D now owns 1,171,932 shares of the company’s stock worth $51,987,000 after purchasing an additional 621,932 shares in the last quarter. CWM LLC grew its holdings in shares of iShares Investment Grade Bond Factor ETF by 2.1% during the 2nd quarter. CWM LLC now owns 1,010,995 shares of the company’s stock valued at $44,848,000 after acquiring an additional 21,057 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. increased its stake in shares of iShares Investment Grade Bond Factor ETF by 16.1% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 859,667 shares of the company’s stock worth $38,135,000 after acquiring an additional 119,464 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Trading Up 0.2 %

Shares of BATS:IGEB opened at $45.85 on Wednesday. iShares Investment Grade Bond Factor ETF has a 1 year low of $48.61 and a 1 year high of $50.95. The business has a fifty day simple moving average of $46.00 and a 200 day simple moving average of $44.91.

iShares Investment Grade Bond Factor ETF Increases Dividend

The company also recently declared 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 boost 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.