Parallel Advisors LLC Purchases 36,825 Shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Parallel Advisors LLC raised its holdings in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 8.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 481,882 shares of the company’s stock after acquiring an additional 36,825 shares during the quarter. Parallel Advisors LLC owned approximately 3.18% of iShares Investment Grade Bond Factor ETF worth $21,376,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IGEB. Coldstream Capital Management Inc. grew its position in iShares Investment Grade Bond Factor ETF by 4.8% in the third quarter. Coldstream Capital Management Inc. now owns 5,355 shares of the company’s stock valued at $249,000 after purchasing an additional 243 shares in the last quarter. Vertex Planning Partners LLC boosted its stake in shares of iShares Investment Grade Bond Factor ETF by 6.1% during the 3rd quarter. Vertex Planning Partners LLC now owns 9,578 shares of the company’s stock worth $445,000 after buying an additional 548 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of iShares Investment Grade Bond Factor ETF in the 3rd quarter valued at about $26,000. Assetmark Inc. acquired a new stake in shares of iShares Investment Grade Bond Factor ETF in the third quarter valued at about $29,000. Finally, National Bank of Canada FI raised its holdings in iShares Investment Grade Bond Factor ETF by 6.3% during the third quarter. National Bank of Canada FI now owns 11,940 shares of the company’s stock worth $555,000 after acquiring an additional 707 shares in the last quarter.

iShares Investment Grade Bond Factor ETF Price Performance

Shares of BATS IGEB opened at $44.67 on Monday. The stock has a 50 day moving average price of $44.59 and a 200 day moving average price of $45.15. iShares Investment Grade Bond Factor ETF has a 52 week low of $43.28 and a 52 week high of $46.76.

iShares Investment Grade Bond Factor ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders 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 an increase from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.18.

iShares Investment Grade Bond Factor ETF 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.