Liberty Wealth Management LLC Reduces Stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Liberty Wealth Management LLC cut its holdings in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 18.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 31,376 shares of the company’s stock after selling 6,875 shares during the quarter. Liberty Wealth Management LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $1,458,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Gilliland Jeter Wealth Management LLC acquired a new stake in shares of iShares Investment Grade Bond Factor ETF in the second quarter worth $25,000. Assetmark Inc. acquired a new stake in iShares Investment Grade Bond Factor ETF during the 3rd quarter worth about $29,000. Park Place Capital Corp purchased a new position in shares of iShares Investment Grade Bond Factor ETF during the 2nd quarter valued at about $38,000. Aspire Private Capital LLC acquired a new position in shares of iShares Investment Grade Bond Factor ETF in the 2nd quarter valued at about $42,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of iShares Investment Grade Bond Factor ETF in the second quarter worth about $60,000.

iShares Investment Grade Bond Factor ETF Trading Up 0.1 %

Shares of IGEB stock opened at $45.30 on Friday. iShares Investment Grade Bond Factor ETF has a twelve month low of $48.61 and a twelve month high of $50.95. The stock has a 50 day moving average of $45.88 and a 200 day moving average of $45.11.

iShares Investment Grade Bond Factor ETF Increases Dividend

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

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.