5,596 Shares in iShares Investment Grade Bond Factor ETF (BATS:IGEB) Acquired by Wealth Alliance

Wealth Alliance purchased a new stake in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 5,596 shares of the company’s stock, valued at approximately $248,000.

Several other institutional investors also recently bought and sold shares of IGEB. SigFig Wealth Management LLC purchased a new stake in shares of iShares Investment Grade Bond Factor ETF in the second quarter worth about $1,131,000. Tennessee Valley Asset Management Partners boosted its holdings in iShares Investment Grade Bond Factor ETF by 4.9% in the 2nd quarter. Tennessee Valley Asset Management Partners now owns 57,588 shares of the company’s stock worth $2,555,000 after acquiring an additional 2,691 shares during the period. Spectrum Wealth Counsel LLC grew its position in iShares Investment Grade Bond Factor ETF by 300.5% in the second quarter. Spectrum Wealth Counsel LLC now owns 16,636 shares of the company’s stock valued at $738,000 after acquiring an additional 12,482 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares Investment Grade Bond Factor ETF by 450.0% during the second quarter. Envestnet Asset Management Inc. now owns 6,488,594 shares of the company’s stock valued at $287,834,000 after purchasing an additional 5,308,807 shares during the period. Finally, Scarborough Advisors LLC acquired a new position in shares of iShares Investment Grade Bond Factor ETF during the second quarter worth $889,000.

iShares Investment Grade Bond Factor ETF Price Performance

IGEB opened at $46.57 on Friday. The company has a fifty day simple moving average of $45.66 and a 200 day simple moving average of $44.77. iShares Investment Grade Bond Factor ETF has a twelve month low of $48.61 and a twelve month high of $50.95.

iShares Investment Grade Bond Factor ETF Increases Dividend

The firm 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 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.