Spectrum Wealth Counsel LLC Purchases 12,482 Shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Spectrum Wealth Counsel LLC raised its position in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 300.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,636 shares of the company’s stock after buying an additional 12,482 shares during the quarter. Spectrum Wealth Counsel LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $738,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Gilliland Jeter Wealth Management LLC purchased a new position in iShares Investment Grade Bond Factor ETF in the second quarter worth about $25,000. Park Place Capital Corp bought a new stake in shares of iShares Investment Grade Bond Factor ETF in the 2nd quarter valued at approximately $38,000. Aspire Private Capital LLC bought a new position in shares of iShares Investment Grade Bond Factor ETF during the 2nd quarter valued at approximately $42,000. International Assets Investment Management LLC purchased a new stake in iShares Investment Grade Bond Factor ETF during the 2nd quarter valued at $83,000. Finally, PNC Financial Services Group Inc. purchased a new stake in iShares Investment Grade Bond Factor ETF during the 4th quarter valued at $113,000.

iShares Investment Grade Bond Factor ETF Stock Up 0.2 %

BATS IGEB opened at $46.48 on Friday. iShares Investment Grade Bond Factor ETF has a 52 week low of $48.61 and a 52 week high of $50.95. The company has a fifty day moving average of $45.48 and a two-hundred day moving average of $44.70.

iShares Investment Grade Bond Factor ETF Increases Dividend

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