CPA Asset Management LLC Grows Stake in 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 72.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,392 shares of the company’s stock after acquiring an additional 9,859 shares during the period. CPA Asset Management LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $1,058,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of IGEB. Jane Street Group LLC purchased a new stake in shares of iShares Investment Grade Bond Factor ETF during the first quarter valued at $6,278,000. Ameriprise Financial Inc. boosted its position in shares of iShares Investment Grade Bond Factor ETF by 147.0% during the first quarter. Ameriprise Financial Inc. now owns 178,522 shares of the company’s stock valued at $7,981,000 after buying an additional 106,233 shares during the last quarter. Systelligence LLC purchased a new stake in shares of iShares Investment Grade Bond Factor ETF during the fourth quarter valued at $4,191,000. Envestnet Asset Management Inc. purchased a new stake in shares of iShares Investment Grade Bond Factor ETF during the first quarter valued at $3,965,000. Finally, Citadel Advisors LLC boosted its position in shares of iShares Investment Grade Bond Factor ETF by 947.7% during the second quarter. Citadel Advisors LLC now owns 83,058 shares of the company’s stock valued at $3,670,000 after buying an additional 75,130 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Trading Up 0.5 %

Shares of iShares Investment Grade Bond Factor ETF stock traded up $0.21 during trading on Thursday, hitting $44.87. 62,417 shares of the company’s stock traded hands. 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 50-day simple moving average of $44.66 and a 200-day simple moving average of $43.78.

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.