622 Shares in iShares Investment Grade Bond Factor ETF (BATS:IGEB) Acquired by Assetmark Inc.

Assetmark Inc. purchased a new stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 622 shares of the company’s stock, valued at approximately $29,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Gilliland Jeter Wealth Management LLC bought a new stake in shares of iShares Investment Grade Bond Factor ETF in the second quarter valued at about $25,000. Park Place Capital Corp bought a new stake in iShares Investment Grade Bond Factor ETF in the 2nd quarter valued at about $38,000. Aspire Private Capital LLC acquired a new position in shares of iShares Investment Grade Bond Factor ETF during the 2nd quarter worth approximately $42,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of iShares Investment Grade Bond Factor ETF during the second quarter worth approximately $60,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of iShares Investment Grade Bond Factor ETF in the second quarter valued at approximately $83,000.

iShares Investment Grade Bond Factor ETF Price Performance

Shares of BATS:IGEB opened at $44.97 on Wednesday. The business’s 50 day simple moving average is $45.72 and its 200 day simple moving average is $45.19. 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 business also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.1867 per share. This is a positive change from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.17. The ex-dividend date was Tuesday, September 3rd.

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.