CPA Asset Management LLC Buys 40,867 Shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB)

CPA Asset Management LLC raised its stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 56.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 112,957 shares of the company’s stock after purchasing an additional 40,867 shares during the period. iShares Investment Grade Bond Factor ETF makes up approximately 2.3% of CPA Asset Management LLC’s holdings, making the stock its 12th biggest position. CPA Asset Management LLC owned 0.75% of iShares Investment Grade Bond Factor ETF worth $5,011,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. IFP Advisors Inc raised its stake in shares of iShares Investment Grade Bond Factor ETF by 249.2% in the 4th quarter. IFP Advisors Inc now owns 45,551 shares of the company’s stock valued at $2,021,000 after buying an additional 32,505 shares in the last quarter. Midwest Capital Advisors LLC acquired a new position in shares of iShares Investment Grade Bond Factor ETF in the 4th quarter valued at $108,000. Able Wealth Management LLC acquired a new position in shares of iShares Investment Grade Bond Factor ETF in the 4th quarter valued at $221,000. Private Advisor Group LLC raised its stake in shares of iShares Investment Grade Bond Factor ETF by 8.7% in the 4th quarter. Private Advisor Group LLC now owns 283,641 shares of the company’s stock valued at $12,582,000 after buying an additional 22,792 shares in the last quarter. Finally, Systelligence LLC raised its stake in shares of iShares Investment Grade Bond Factor ETF by 5.7% in the 4th quarter. Systelligence LLC now owns 90,803 shares of the company’s stock valued at $4,028,000 after buying an additional 4,931 shares in the last quarter.

iShares Investment Grade Bond Factor ETF Stock Performance

Shares of IGEB stock opened at $45.16 on Wednesday. iShares Investment Grade Bond Factor ETF has a 52-week low of $48.61 and a 52-week high of $50.95. The firm has a fifty day moving average of $44.45 and a 200-day moving average of $45.23.

iShares Investment Grade Bond Factor ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.1833 dividend. The ex-dividend date of this dividend was Monday, February 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.