Liberty Wealth Management LLC Makes New Investment in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Liberty Wealth Management LLC bought a new stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 38,251 shares of the company’s stock, valued at approximately $1,697,000. Liberty Wealth Management LLC owned 0.25% of iShares Investment Grade Bond Factor ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of IGEB. CWM LLC boosted its stake in shares of iShares Investment Grade Bond Factor ETF by 2.1% in the 2nd quarter. CWM LLC now owns 1,010,995 shares of the company’s stock valued at $44,848,000 after purchasing an additional 21,057 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its stake in shares of iShares Investment Grade Bond Factor ETF by 16.1% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 859,667 shares of the company’s stock worth $38,135,000 after buying an additional 119,464 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of iShares Investment Grade Bond Factor ETF by 1,596.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 811,085 shares of the company’s stock worth $35,980,000 after purchasing an additional 763,278 shares during the period. Waller Financial Planning Group Inc. grew its holdings in iShares Investment Grade Bond Factor ETF by 1.1% during the second quarter. Waller Financial Planning Group Inc. now owns 479,341 shares of the company’s stock valued at $21,264,000 after purchasing an additional 5,391 shares during the period. Finally, Janney Montgomery Scott LLC increased its position in shares of iShares Investment Grade Bond Factor ETF by 2,288.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 394,339 shares of the company’s stock valued at $17,686,000 after buying an additional 377,830 shares in the last quarter.

iShares Investment Grade Bond Factor ETF Stock Up 0.2 %

BATS IGEB opened at $46.22 on Tuesday. The stock’s 50-day moving average is $45.33 and its 200-day moving average is $44.65. iShares Investment Grade Bond Factor ETF has a one year low of $48.61 and a one year high of $50.95.

iShares Investment Grade Bond Factor ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid 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 of this dividend was Tuesday, September 3rd.

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.