iShares Investment Grade Bond Factor ETF (BATS:IGEB) Shares Sold by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC lowered its stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 23.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 41,054 shares of the company’s stock after selling 12,613 shares during the quarter. Steward Partners Investment Advisory LLC owned 0.27% of iShares Investment Grade Bond Factor ETF worth $1,821,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in IGEB. World Investment Advisors LLC grew its stake in iShares Investment Grade Bond Factor ETF by 15,153.5% in the 3rd quarter. World Investment Advisors LLC now owns 953,498 shares of the company’s stock valued at $44,309,000 after acquiring an additional 947,247 shares during the period. BlueStem Wealth Partners LLC acquired a new stake in iShares Investment Grade Bond Factor ETF in the 4th quarter valued at $13,183,000. State of New Jersey Common Pension Fund D grew its stake in iShares Investment Grade Bond Factor ETF by 21.3% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 1,421,932 shares of the company’s stock valued at $66,077,000 after acquiring an additional 250,000 shares during the period. Stratos Investment Management LLC grew its stake in iShares Investment Grade Bond Factor ETF by 42.4% in the 4th quarter. Stratos Investment Management LLC now owns 835,460 shares of the company’s stock valued at $37,061,000 after acquiring an additional 248,604 shares during the period. Finally, Exchange Traded Concepts LLC acquired a new stake in iShares Investment Grade Bond Factor ETF in the 4th quarter valued at $9,554,000.

iShares Investment Grade Bond Factor ETF Stock Performance

Shares of IGEB stock opened at $44.84 on Friday. The stock’s fifty day moving average is $44.55 and its two-hundred day moving average is $45.20. iShares Investment Grade Bond Factor ETF has a fifty-two week low of $48.61 and a fifty-two week high of $50.95.

iShares Investment Grade Bond Factor ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.1843 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.18.

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.