Regal Investment Advisors LLC Invests $490,000 in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Regal Investment 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 filing with the SEC. The fund bought 11,041 shares of the company’s stock, valued at approximately $490,000. Regal Investment Advisors LLC owned 0.07% of iShares Investment Grade Bond Factor ETF as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IGEB. Stifel Financial Corp acquired a new position in iShares Investment Grade Bond Factor ETF during the fourth quarter valued at approximately $4,792,000. PNC Financial Services Group Inc. acquired a new position in shares of iShares Investment Grade Bond Factor ETF during the 4th quarter valued at $113,000. Park Avenue Securities LLC boosted its position in iShares Investment Grade Bond Factor ETF by 35.1% during the 1st quarter. Park Avenue Securities LLC now owns 32,452 shares of the company’s stock worth $1,455,000 after purchasing an additional 8,440 shares during the period. RFG Advisory LLC increased its holdings in iShares Investment Grade Bond Factor ETF by 7.7% in the 1st quarter. RFG Advisory LLC now owns 61,964 shares of the company’s stock valued at $2,779,000 after purchasing an additional 4,405 shares in the last quarter. Finally, Dohj LLC raised its position in iShares Investment Grade Bond Factor ETF by 3.0% in the first quarter. Dohj LLC now owns 34,376 shares of the company’s stock valued at $1,542,000 after purchasing an additional 1,000 shares during the period.

iShares Investment Grade Bond Factor ETF Stock Up 0.4 %

Shares of BATS IGEB opened at $46.46 on Wednesday. iShares Investment Grade Bond Factor ETF has a 1-year low of $48.61 and a 1-year high of $50.95. The business has a 50-day moving average of $45.85 and a 200-day moving average of $44.85.

iShares Investment Grade Bond Factor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.1867 dividend. The ex-dividend date was 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.