Nwam LLC Invests $1.43 Million in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Nwam LLC bought a new position in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 30,833 shares of the company’s stock, valued at approximately $1,433,000.

A number of other institutional investors also recently modified their holdings of the company. Axxcess Wealth Management LLC bought a new position in iShares Investment Grade Bond Factor ETF in the first quarter worth about $279,000. Ascent Group LLC raised its stake in iShares Investment Grade Bond Factor ETF by 2.9% in the first quarter. Ascent Group LLC now owns 22,999 shares of the company’s stock worth $1,032,000 after buying an additional 656 shares in the last quarter. Atria Investments Inc bought a new position in iShares Investment Grade Bond Factor ETF in the first quarter worth about $1,407,000. Cetera Investment Advisers raised its stake in iShares Investment Grade Bond Factor ETF by 189.8% in the first quarter. Cetera Investment Advisers now owns 131,825 shares of the company’s stock worth $5,912,000 after buying an additional 86,341 shares in the last quarter. Finally, Cetera Advisors LLC raised its stake in iShares Investment Grade Bond Factor ETF by 111.6% in the first quarter. Cetera Advisors LLC now owns 34,476 shares of the company’s stock worth $1,546,000 after buying an additional 18,185 shares in the last quarter.

iShares Investment Grade Bond Factor ETF Price Performance

IGEB stock opened at $44.89 on Friday. iShares Investment Grade Bond Factor ETF has a 1 year low of $48.61 and a 1 year high of $50.95. The firm has a 50-day moving average of $45.66 and a 200 day moving average of $45.18.

iShares Investment Grade Bond Factor ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.1867 per share. 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.

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.