Sigma Planning Corp Decreases Position in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Sigma Planning Corp trimmed its position in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 53.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,684 shares of the company’s stock after selling 10,927 shares during the period. Sigma Planning Corp owned 0.17% of iShares Investment Grade Bond Factor ETF worth $438,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. National Bank of Canada FI increased its stake in iShares Investment Grade Bond Factor ETF by 5.6% during the 3rd quarter. National Bank of Canada FI now owns 9,943 shares of the company’s stock worth $417,000 after buying an additional 523 shares in the last quarter. Altus Wealth Management LLC increased its stake in iShares Investment Grade Bond Factor ETF by 2.2% during the 4th quarter. Altus Wealth Management LLC now owns 32,964 shares of the company’s stock worth $1,491,000 after buying an additional 716 shares in the last quarter. Nwam LLC increased its stake in iShares Investment Grade Bond Factor ETF by 4.5% during the 3rd quarter. Nwam LLC now owns 16,744 shares of the company’s stock worth $710,000 after buying an additional 722 shares in the last quarter. NBC Securities Inc. purchased a new stake in iShares Investment Grade Bond Factor ETF during the 3rd quarter worth approximately $40,000. Finally, 1620 Investment Advisors Inc. increased its stake in iShares Investment Grade Bond Factor ETF by 25.0% during the 3rd quarter. 1620 Investment Advisors Inc. now owns 5,924 shares of the company’s stock worth $251,000 after buying an additional 1,183 shares in the last quarter.

iShares Investment Grade Bond Factor ETF Trading Down 0.2 %

BATS:IGEB opened at $43.48 on Friday. 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 50 day moving average of $44.34 and a two-hundred day moving average of $43.97.

iShares Investment Grade Bond Factor ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.1878 per share. This is a positive change from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.18. The ex-dividend date was Monday, April 1st.

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.