Concorde Asset Management LLC purchased a new position in iShares Investment Grade Bond Factor ETF (BATS:IGEB – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 5,937 shares of the company’s stock, valued at approximately $276,000.
Other large investors have also recently made changes to their positions in the company. Kraft Davis & Associates LLC boosted its stake in shares of iShares Investment Grade Bond Factor ETF by 5.4% during the 2nd quarter. Kraft Davis & Associates LLC now owns 5,827 shares of the company’s stock worth $262,000 after acquiring an additional 297 shares during the last quarter. Bay Harbor Wealth Management LLC grew its stake in shares of iShares Investment Grade Bond Factor ETF by 1.2% during the 3rd quarter. Bay Harbor Wealth Management LLC now owns 26,775 shares of the company’s stock valued at $1,244,000 after acquiring an additional 329 shares during the period. National Bank of Canada FI grew its stake in shares of iShares Investment Grade Bond Factor ETF by 3.8% during the 2nd quarter. National Bank of Canada FI now owns 11,233 shares of the company’s stock valued at $498,000 after acquiring an additional 407 shares during the period. Altus Wealth Management LLC grew its stake in shares of iShares Investment Grade Bond Factor ETF by 1.3% during the 2nd quarter. Altus Wealth Management LLC now owns 32,603 shares of the company’s stock valued at $1,446,000 after acquiring an additional 412 shares during the period. Finally, US Bancorp DE grew its stake in shares of iShares Investment Grade Bond Factor ETF by 0.6% during the 3rd quarter. US Bancorp DE now owns 83,887 shares of the company’s stock valued at $3,898,000 after acquiring an additional 540 shares during the period.
iShares Investment Grade Bond Factor ETF Stock Performance
IGEB stock opened at $44.85 on Friday. 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 $45.69 and a two-hundred day simple moving average of $45.18.
iShares Investment Grade Bond Factor ETF Increases Dividend
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.
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