iShares Investment Grade Bond Factor ETF (BATS:IGEB) Holdings Lifted by SteelPeak Wealth LLC

SteelPeak Wealth LLC lifted its position in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 11.3% in the third quarter, Holdings Channel.com reports. The institutional investor owned 83,859 shares of the company’s stock after purchasing an additional 8,546 shares during the period. SteelPeak Wealth LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $3,897,000 as of its most recent filing with the Securities and Exchange Commission.

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

iShares Investment Grade Bond Factor ETF Price Performance

IGEB traded up $0.05 during mid-day trading on Wednesday, reaching $45.29. 281,207 shares of the stock were exchanged. iShares Investment Grade Bond Factor ETF has a 1 year low of $48.61 and a 1 year high of $50.95. The company has a 50 day moving average price of $46.03 and a two-hundred day moving average price of $45.04.

iShares Investment Grade Bond Factor ETF Increases Dividend

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

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.