Mount Yale Investment Advisors LLC Purchases Shares of 7,470 iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Mount Yale Investment Advisors LLC acquired 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 & Exchange Commission. The fund acquired 7,470 shares of the company’s stock, valued at approximately $331,000.

A number of other institutional investors also recently made changes to their positions in IGEB. Gilliland Jeter Wealth Management LLC acquired a new stake in iShares Investment Grade Bond Factor ETF during the 2nd quarter worth approximately $25,000. Park Place Capital Corp acquired a new stake in shares of iShares Investment Grade Bond Factor ETF during the second quarter worth $38,000. Aspire Private Capital LLC bought a new stake in shares of iShares Investment Grade Bond Factor ETF in the second quarter valued at about $42,000. International Assets Investment Management LLC acquired a new position in shares of iShares Investment Grade Bond Factor ETF in the second quarter valued at about $83,000. Finally, PNC Financial Services Group Inc. bought a new position in iShares Investment Grade Bond Factor ETF during the fourth quarter worth about $113,000.

iShares Investment Grade Bond Factor ETF Trading Up 0.1 %

Shares of iShares Investment Grade Bond Factor ETF stock opened at $46.59 on Wednesday. The company has a 50-day simple moving average of $45.72 and a two-hundred day simple moving average of $44.80. 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 business 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.