Altus Wealth Management LLC Acquires 2,366 Shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Altus Wealth Management LLC grew its holdings in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 6.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 41,778 shares of the company’s stock after acquiring an additional 2,366 shares during the period. iShares Investment Grade Bond Factor ETF accounts for about 0.8% of Altus Wealth Management LLC’s portfolio, making the stock its 13th largest position. Altus Wealth Management LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $1,853,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in IGEB. Coldstream Capital Management Inc. lifted its holdings in iShares Investment Grade Bond Factor ETF by 4.8% during the 3rd quarter. Coldstream Capital Management Inc. now owns 5,355 shares of the company’s stock worth $249,000 after buying an additional 243 shares in the last quarter. Bay Harbor Wealth Management LLC increased its position in iShares Investment Grade Bond Factor ETF by 1.2% in the third quarter. Bay Harbor Wealth Management LLC now owns 26,775 shares of the company’s stock worth $1,244,000 after purchasing an additional 329 shares during the period. US Bancorp DE increased its position in iShares Investment Grade Bond Factor ETF by 0.6% in the third quarter. US Bancorp DE now owns 83,887 shares of the company’s stock worth $3,898,000 after purchasing an additional 540 shares during the period. Vertex Planning Partners LLC raised its holdings in 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 purchasing an additional 548 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares Investment Grade Bond Factor ETF during the 3rd quarter worth approximately $26,000.

iShares Investment Grade Bond Factor ETF Stock Performance

Shares of BATS IGEB opened at $44.67 on Tuesday. iShares Investment Grade Bond Factor ETF has a fifty-two week low of $48.61 and a fifty-two week high of $50.95. The company’s 50 day simple moving average is $44.69 and its 200 day simple moving average is $45.29.

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.