WCG Wealth Advisors LLC Makes New Investment in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

WCG Wealth Advisors LLC bought a new position in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,997 shares of the company’s stock, valued at approximately $532,000. WCG Wealth Advisors LLC owned about 0.08% of iShares Investment Grade Bond Factor ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Mercer Global Advisors Inc. ADV raised its position in shares of iShares Investment Grade Bond Factor ETF by 4.2% in the second quarter. Mercer Global Advisors Inc. ADV now owns 297,616 shares of the company’s stock valued at $13,202,000 after buying an additional 11,976 shares during the last quarter. True Vision MN LLC acquired a new position in shares of iShares Investment Grade Bond Factor ETF in the second quarter valued at approximately $1,210,000. Wealth Alliance acquired a new position in shares of iShares Investment Grade Bond Factor ETF in the second quarter valued at approximately $248,000. SigFig Wealth Management LLC acquired a new position in shares of iShares Investment Grade Bond Factor ETF in the second quarter valued at approximately $1,131,000. Finally, Tennessee Valley Asset Management Partners raised its position in shares of iShares Investment Grade Bond Factor ETF by 4.9% in the second quarter. Tennessee Valley Asset Management Partners now owns 57,588 shares of the company’s stock valued at $2,555,000 after buying an additional 2,691 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Price Performance

BATS:IGEB opened at $46.57 on Friday. The firm has a 50 day simple moving average of $45.63 and a 200-day simple moving average of $44.76. iShares Investment Grade Bond Factor ETF has a 1-year low of $48.61 and a 1-year high of $50.95.

iShares Investment Grade Bond Factor ETF Increases Dividend

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

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.