Able Wealth Management LLC Takes Position in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Able Wealth Management LLC purchased a new position in iShares Investment Grade Bond Factor ETF (BATS:IGEB) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 4,976 shares of the company’s stock, valued at approximately $221,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Janney Montgomery Scott LLC increased its holdings in shares of iShares Investment Grade Bond Factor ETF by 4.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 639,972 shares of the company’s stock valued at $29,739,000 after acquiring an additional 27,579 shares during the last quarter. FMR LLC increased its position in iShares Investment Grade Bond Factor ETF by 46,350.0% in the 3rd quarter. FMR LLC now owns 929 shares of the company’s stock valued at $43,000 after acquiring an additional 927 shares during the period. Verus Capital Partners LLC raised its stake in iShares Investment Grade Bond Factor ETF by 29.4% during the 3rd quarter. Verus Capital Partners LLC now owns 7,521 shares of the company’s stock valued at $349,000 after acquiring an additional 1,707 shares in the last quarter. First Heartland Consultants Inc. acquired a new stake in iShares Investment Grade Bond Factor ETF in the third quarter worth about $285,000. Finally, TSA Wealth Managment LLC grew its position in iShares Investment Grade Bond Factor ETF by 9.1% in the 3rd quarter. TSA Wealth Managment LLC now owns 56,794 shares of the company’s stock valued at $2,639,000 after buying an additional 4,735 shares in the last quarter.

iShares Investment Grade Bond Factor ETF Price Performance

iShares Investment Grade Bond Factor ETF stock opened at $44.62 on Thursday. The company’s 50-day moving average price is $44.46 and its two-hundred day moving average price is $45.24. iShares Investment Grade Bond Factor ETF has a 52 week low of $48.61 and a 52 week high of $50.95.

iShares Investment Grade Bond Factor ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.1833 per share. The ex-dividend date of this dividend was Monday, February 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.