Farther Finance Advisors LLC Boosts Holdings in iShares Investment Grade Systematic Bond ETF $IGEB

Farther Finance Advisors LLC boosted its position in iShares Investment Grade Systematic Bond ETF (BATS:IGEB) by 35.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,421 shares of the company’s stock after purchasing an additional 11,094 shares during the quarter. Farther Finance Advisors LLC owned about 0.15% of iShares Investment Grade Systematic Bond ETF worth $1,937,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. CoreCap Advisors LLC purchased a new stake in iShares Investment Grade Systematic Bond ETF in the 3rd quarter worth approximately $35,000. GPS Wealth Strategies Group LLC lifted its stake in iShares Investment Grade Systematic Bond ETF by 347.3% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 1,342 shares of the company’s stock worth $62,000 after purchasing an additional 1,042 shares in the last quarter. GoalVest Advisory LLC purchased a new stake in iShares Investment Grade Systematic Bond ETF in the 3rd quarter worth approximately $166,000. Flow Traders U.S. LLC purchased a new stake in iShares Investment Grade Systematic Bond ETF in the 3rd quarter worth approximately $284,000. Finally, PNC Financial Services Group Inc. lifted its stake in iShares Investment Grade Systematic Bond ETF by 26.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 6,856 shares of the company’s stock worth $316,000 after purchasing an additional 1,446 shares in the last quarter.

iShares Investment Grade Systematic Bond ETF Stock Performance

BATS IGEB opened at $45.47 on Monday. iShares Investment Grade Systematic Bond ETF has a 1 year low of $43.93 and a 1 year high of $46.46. The company’s 50 day simple moving average is $45.43 and its two-hundred day simple moving average is $45.70.

About iShares Investment Grade Systematic Bond 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. IGEB was launched on Jul 11, 2017 and is managed by BlackRock.