Ascent Group LLC Purchases 656 Shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Ascent Group LLC increased its position in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 2.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,999 shares of the company’s stock after buying an additional 656 shares during the period. Ascent Group LLC owned 0.15% of iShares Investment Grade Bond Factor ETF worth $1,032,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nations Financial Group Inc. IA ADV bought a new position in shares of iShares Investment Grade Bond Factor ETF during the 4th quarter worth approximately $253,000. Waller Financial Planning Group Inc. lifted its holdings in iShares Investment Grade Bond Factor ETF by 0.8% during the 1st quarter. Waller Financial Planning Group Inc. now owns 473,950 shares of the company’s stock valued at $21,257,000 after purchasing an additional 3,545 shares during the last quarter. SouthState Corp bought a new position in iShares Investment Grade Bond Factor ETF during the fourth quarter worth $56,000. Prime Capital Investment Advisors LLC acquired a new position in shares of iShares Investment Grade Bond Factor ETF in the fourth quarter valued at $825,000. Finally, Dohj LLC acquired a new position in shares of iShares Investment Grade Bond Factor ETF in the fourth quarter valued at $1,510,000.

iShares Investment Grade Bond Factor ETF Stock Performance

Shares of BATS IGEB traded up $0.07 during mid-day trading on Tuesday, reaching $45.01. 88,368 shares of the company were exchanged. iShares Investment Grade Bond Factor ETF has a twelve month low of $48.61 and a twelve month high of $50.95. The company’s 50-day simple moving average is $44.54 and its 200-day simple moving average is $44.45.

iShares Investment Grade Bond Factor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were given a $0.1689 dividend. The ex-dividend date was Monday, July 1st.

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.