Janney Montgomery Scott LLC Acquires 27,579 Shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Janney Montgomery Scott LLC raised its holdings in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 4.5% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 639,972 shares of the company’s stock after acquiring an additional 27,579 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $29,739,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of IGEB. Brookstone Capital Management bought a new position in shares of iShares Investment Grade Bond Factor ETF during the 2nd quarter worth $1,019,000. 1620 Investment Advisors Inc. grew its position in shares of iShares Investment Grade Bond Factor ETF by 12.9% during the 2nd quarter. 1620 Investment Advisors Inc. now owns 11,573 shares of the company’s stock worth $513,000 after buying an additional 1,326 shares in the last quarter. Executive Wealth Management LLC bought a new position in shares of iShares Investment Grade Bond Factor ETF during the 2nd quarter worth $227,000. Diversify Advisory Services LLC bought a new position in shares of iShares Investment Grade Bond Factor ETF during the 2nd quarter worth $603,000. Finally, Aspire Private Capital LLC bought a new position in shares of iShares Investment Grade Bond Factor ETF during the 2nd quarter worth $42,000.

iShares Investment Grade Bond Factor ETF Stock Performance

Shares of BATS IGEB opened at $45.01 on Tuesday. iShares Investment Grade Bond Factor ETF has a 1-year low of $48.61 and a 1-year high of $50.95. The business has a fifty day moving average price of $45.98 and a 200 day moving average price of $45.07.

iShares Investment Grade Bond Factor ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Investors 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.