First Heartland Consultants Inc. Makes New Investment in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

First Heartland Consultants Inc. bought a new stake in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 6,139 shares of the company’s stock, valued at approximately $285,000.

Other large investors also recently added to or reduced their stakes in the company. Verus Capital Partners LLC raised its position in shares of iShares Investment Grade Bond Factor ETF by 29.4% in the 3rd quarter. Verus Capital Partners LLC now owns 7,521 shares of the company’s stock valued at $349,000 after acquiring an additional 1,707 shares during the period. Harbour Investments Inc. grew its stake in shares of iShares Investment Grade Bond Factor ETF by 25.4% during the 3rd quarter. Harbour Investments Inc. now owns 54,250 shares of the company’s stock worth $2,521,000 after acquiring an additional 11,002 shares in the last quarter. State of New Jersey Common Pension Fund D grew its stake in shares of iShares Investment Grade Bond Factor ETF by 21.3% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 1,421,932 shares of the company’s stock worth $66,077,000 after acquiring an additional 250,000 shares in the last quarter. Axxcess Wealth Management LLC grew its stake in shares of iShares Investment Grade Bond Factor ETF by 29.7% in the third quarter. Axxcess Wealth Management LLC now owns 10,438 shares of the company’s stock valued at $485,000 after buying an additional 2,393 shares in the last quarter. Finally, Sigma Planning Corp grew its stake in shares of iShares Investment Grade Bond Factor ETF by 4.5% in the third quarter. Sigma Planning Corp now owns 39,470 shares of the company’s stock valued at $1,834,000 after buying an additional 1,689 shares in the last quarter.

iShares Investment Grade Bond Factor ETF Price Performance

BATS:IGEB opened at $44.82 on Thursday. The firm has a fifty day simple moving average of $45.83 and a 200 day simple moving average of $45.14. iShares Investment Grade Bond Factor ETF has a 1-year low of $48.61 and a 1-year high of $50.95.

iShares Investment Grade Bond Factor ETF Increases Dividend

The company also recently announced 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 an increase from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.17.

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.