Concourse Financial Group Securities Inc. Buys 1,497 Shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Concourse Financial Group Securities Inc. lifted its stake in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 5.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,738 shares of the company’s stock after purchasing an additional 1,497 shares during the quarter. Concourse Financial Group Securities Inc. owned 0.20% of iShares Investment Grade Bond Factor ETF worth $1,428,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Envestnet Asset Management Inc. grew its holdings in shares of iShares Investment Grade Bond Factor ETF by 450.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,488,594 shares of the company’s stock valued at $287,834,000 after purchasing an additional 5,308,807 shares during the last quarter. LPL Financial LLC boosted its position in iShares Investment Grade Bond Factor ETF by 187.8% during the 2nd quarter. LPL Financial LLC now owns 2,131,417 shares of the company’s stock worth $94,550,000 after buying an additional 1,390,904 shares during the period. State of New Jersey Common Pension Fund D boosted its position in iShares Investment Grade Bond Factor ETF by 113.1% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 1,171,932 shares of the company’s stock worth $51,987,000 after buying an additional 621,932 shares during the period. CWM LLC boosted its position in iShares Investment Grade Bond Factor ETF by 2.1% during the 2nd quarter. CWM LLC now owns 1,010,995 shares of the company’s stock worth $44,848,000 after buying an additional 21,057 shares during the period. Finally, Hennion & Walsh Asset Management Inc. boosted its position in iShares Investment Grade Bond Factor ETF by 16.1% during the 2nd 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 period.

iShares Investment Grade Bond Factor ETF Trading Down 0.0 %

BATS:IGEB opened at $45.73 on Monday. The firm’s 50 day simple moving average is $46.02 and its 200 day simple moving average is $44.93. 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 firm also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.1867 per share. The ex-dividend date was Tuesday, September 3rd. This is an increase from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.17.

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.