iShares U.S. Fixed Income Balanced Risk Factor ETF (BATS:FIBR) Shares Up 0.5% – Here’s Why

iShares U.S. Fixed Income Balanced Risk Factor ETF (BATS:FIBR)’s stock price traded up 0.5% on Monday . The company traded as high as $87.19 and last traded at $87.05. 1,115 shares were traded during trading, a decline of 57% from the average session volume of 2,572 shares. The stock had previously closed at $86.66.

iShares U.S. Fixed Income Balanced Risk Factor ETF Stock Up 0.5 %

The company has a market capitalization of $69.64 million, a price-to-earnings ratio of 10.90 and a beta of 0.26. The business has a 50-day moving average price of $87.18 and a two-hundred day moving average price of $87.27.

iShares U.S. Fixed Income Balanced Risk Factor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.3811 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Trading of iShares U.S. Fixed Income Balanced Risk Factor ETF

An institutional investor recently raised its position in iShares U.S. Fixed Income Balanced Risk Factor ETF stock. Ameriprise Financial Inc. grew its position in iShares U.S. Fixed Income Balanced Risk Factor ETF (BATS:FIBR) by 3.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 117,878 shares of the company’s stock after acquiring an additional 3,882 shares during the quarter. Ameriprise Financial Inc. owned about 15.72% of iShares U.S. Fixed Income Balanced Risk Factor ETF worth $10,253,000 at the end of the most recent reporting period.

iShares U.S. Fixed Income Balanced Risk Factor ETF Company Profile

The iShares U.S. Fixed Income Balanced Risk Factor ETF (FIBR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index composed of USD-denominated bonds and Treasury futures. The index seeks to equalize exposure to interest rate risk and credit risk. FIBR was launched on Feb 24, 2015 and is managed by BlackRock.