International Assets Investment Management LLC Purchases Shares of 1,882 iShares Investment Grade Bond Factor ETF (BATS:IGEB)

International Assets Investment Management LLC acquired a new position in iShares Investment Grade Bond Factor ETF (BATS:IGEB) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,882 shares of the company’s stock, valued at approximately $83,000.

Several other large investors have also recently made changes to their positions in IGEB. Envestnet Portfolio Solutions Inc. increased its stake in iShares Investment Grade Bond Factor ETF by 1,596.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 811,085 shares of the company’s stock worth $35,980,000 after purchasing an additional 763,278 shares during the period. Janney Montgomery Scott LLC boosted its position in iShares Investment Grade Bond Factor ETF by 2,288.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 394,339 shares of the company’s stock valued at $17,686,000 after buying an additional 377,830 shares during the period. Park Avenue Securities LLC grew its stake in shares of iShares Investment Grade Bond Factor ETF by 982.3% in the second quarter. Park Avenue Securities LLC now owns 351,235 shares of the company’s stock worth $15,581,000 after acquiring an additional 318,783 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of iShares Investment Grade Bond Factor ETF by 254.6% during the second quarter. Bank of New York Mellon Corp now owns 318,954 shares of the company’s stock worth $14,149,000 after acquiring an additional 228,996 shares during the period. Finally, DORVAL Corp acquired a new stake in shares of iShares Investment Grade Bond Factor ETF in the fourth quarter valued at $9,001,000.

iShares Investment Grade Bond Factor ETF Trading Up 0.3 %

BATS:IGEB opened at $45.76 on Wednesday. iShares Investment Grade Bond Factor ETF has a 12-month low of $48.61 and a 12-month high of $50.95. The stock has a fifty day moving average price of $45.18 and a 200 day moving average price of $44.60.

iShares Investment Grade Bond Factor ETF Increases Dividend

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

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.