iShares Investment Grade Bond Factor ETF (BATS:IGEB) Hits New 52-Week Low at $46.48

iShares Investment Grade Bond Factor ETF (BATS:IGEB) shares hit a new 52-week low during trading on Monday . The company traded as low as $46.48 and last traded at $46.63, with a volume of 167576 shares changing hands. The stock had previously closed at $46.48.

iShares Investment Grade Bond Factor ETF Stock Up 0.3 %

The company’s fifty day simple moving average is $45.48 and its two-hundred day simple moving average is $44.70.

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 given a $0.1867 dividend. This is an increase from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.17. The ex-dividend date was Tuesday, September 3rd.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in IGEB. Gilliland Jeter Wealth Management LLC bought a new stake in shares of iShares Investment Grade Bond Factor ETF in the second quarter valued at about $25,000. Park Place Capital Corp bought a new stake in iShares Investment Grade Bond Factor ETF in 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 during the 2nd quarter worth approximately $42,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of iShares Investment Grade Bond Factor ETF during the second quarter worth approximately $60,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of iShares Investment Grade Bond Factor ETF in the second quarter valued at approximately $83,000.

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.