Ameriprise Financial Inc. Grows Stock Holdings in iShares U.S. Fixed Income Balanced Risk Factor ETF (BATS:FIBR)

Ameriprise Financial Inc. boosted its position in iShares U.S. Fixed Income Balanced Risk Factor ETF (BATS:FIBR) by 3.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 117,878 shares of the company’s stock after acquiring an additional 3,882 shares during the period. 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 Trading Up 1.0%

Shares of iShares U.S. Fixed Income Balanced Risk Factor ETF stock opened at $87.53 on Tuesday. iShares U.S. Fixed Income Balanced Risk Factor ETF has a twelve month low of $85.12 and a twelve month high of $88.92. The stock has a market capitalization of $70.02 million, a P/E ratio of 10.90 and a beta of 0.26. The business’s fifty day moving average price is $87.12 and its 200 day moving average price is $87.24.

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

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

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.