iShares Investment Grade Bond Factor ETF (BATS:IGEB) Reaches New 1-Year Low – Here’s What Happened

Shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) reached a new 52-week low on Monday . The stock traded as low as $45.65 and last traded at $45.74, with a volume of 109871 shares. The stock had previously closed at $45.73.

iShares Investment Grade Bond Factor ETF Stock Performance

The company has a fifty day simple moving average of $46.04 and a two-hundred day simple moving average of $44.95.

iShares Investment Grade Bond Factor ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.1867 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.17.

Institutional Trading of iShares Investment Grade Bond Factor ETF

Large investors have recently bought and sold shares of the business. Gilliland Jeter Wealth Management LLC acquired a new position in shares of iShares Investment Grade Bond Factor ETF in the second quarter valued at approximately $25,000. Park Place Capital Corp acquired a new position in iShares Investment Grade Bond Factor ETF in the 2nd quarter worth $38,000. Aspire Private Capital LLC bought a new position in iShares Investment Grade Bond Factor ETF during the 2nd quarter worth about $42,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of iShares Investment Grade Bond Factor ETF in the 2nd quarter valued at about $60,000. Finally, International Assets Investment Management LLC bought a new stake in shares of iShares Investment Grade Bond Factor ETF in the second quarter valued at about $83,000.

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.