DecisionMap Wealth Management LLC Buys Shares of 5,405 iShares Investment Grade Bond Factor ETF (BATS:IGEB)

DecisionMap Wealth Management LLC bought a new stake in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) in the fourth quarter, Holdings Channel.com reports. The firm bought 5,405 shares of the company’s stock, valued at approximately $240,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. World Investment Advisors LLC lifted its stake in shares of iShares Investment Grade Bond Factor ETF by 15,153.5% in the 3rd quarter. World Investment Advisors LLC now owns 953,498 shares of the company’s stock worth $44,309,000 after acquiring an additional 947,247 shares during the period. BlueStem Wealth Partners LLC acquired a new stake in shares of iShares Investment Grade Bond Factor ETF in the 4th quarter worth approximately $13,183,000. Stratos Investment Management LLC lifted its stake in shares of iShares Investment Grade Bond Factor ETF by 42.4% in the 4th quarter. Stratos Investment Management LLC now owns 835,460 shares of the company’s stock worth $37,061,000 after acquiring an additional 248,604 shares during the period. Exchange Traded Concepts LLC acquired a new stake in shares of iShares Investment Grade Bond Factor ETF in the 4th quarter worth approximately $9,554,000. Finally, IHT Wealth Management LLC lifted its stake in shares of iShares Investment Grade Bond Factor ETF by 48.9% in the 3rd quarter. IHT Wealth Management LLC now owns 601,561 shares of the company’s stock worth $27,954,000 after acquiring an additional 197,511 shares during the period.

iShares Investment Grade Bond Factor ETF Stock Up 1.8 %

Shares of BATS:IGEB opened at $44.59 on Thursday. The company has a 50 day moving average of $44.57 and a 200-day moving average of $45.18. iShares Investment Grade Bond Factor ETF has a twelve month low of $43.28 and a twelve month high of $46.76.

iShares Investment Grade Bond Factor ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.1843 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.18.

About iShares Investment Grade Bond Factor ETF

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.