Commonwealth Equity Services LLC Has $1.99 Million Stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Commonwealth Equity Services LLC increased its position in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 44.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 44,871 shares of the company’s stock after buying an additional 13,704 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $1,990,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB bought a new stake in iShares Investment Grade Bond Factor ETF in the third quarter worth approximately $26,000. FMR LLC boosted its holdings in iShares Investment Grade Bond Factor ETF by 46,350.0% in the third quarter. FMR LLC now owns 929 shares of the company’s stock worth $43,000 after purchasing an additional 927 shares in the last quarter. Midwest Capital Advisors LLC acquired a new position in iShares Investment Grade Bond Factor ETF during the fourth quarter worth $108,000. Principal Securities Inc. raised its holdings in iShares Investment Grade Bond Factor ETF by 207.6% during the fourth quarter. Principal Securities Inc. now owns 2,919 shares of the company’s stock valued at $129,000 after buying an additional 1,970 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of iShares Investment Grade Bond Factor ETF by 43.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,375 shares of the company’s stock worth $194,000 after buying an additional 1,332 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Trading Up 2.1 %

IGEB opened at $44.72 on Friday. The stock has a 50-day moving average of $44.73 and a 200-day moving average of $45.10. iShares Investment Grade Bond Factor ETF has a 52-week low of $43.28 and a 52-week high of $46.76.

iShares Investment Grade Bond Factor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.1843 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.18.

iShares Investment Grade Bond Factor ETF 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.