Forte Asset Management LLC Lowers Stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Forte Asset Management LLC reduced its holdings in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 67.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 22,385 shares of the company’s stock after selling 46,910 shares during the period. Forte Asset Management LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $993,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of iShares Investment Grade Bond Factor ETF in the third quarter valued at about $26,000. Assetmark Inc. purchased a new stake in shares of iShares Investment Grade Bond Factor ETF in the third quarter valued at about $29,000. FMR LLC boosted its holdings in shares of iShares Investment Grade Bond Factor ETF by 46,350.0% in the third quarter. FMR LLC now owns 929 shares of the company’s stock valued at $43,000 after acquiring an additional 927 shares in the last quarter. Investment Advisory Group LLC purchased a new stake in shares of iShares Investment Grade Bond Factor ETF in the third quarter valued at about $220,000. Finally, Tsfg LLC boosted its holdings in shares of iShares Investment Grade Bond Factor ETF by 27.6% in the third quarter. Tsfg LLC now owns 4,998 shares of the company’s stock valued at $232,000 after acquiring an additional 1,080 shares in the last quarter.

iShares Investment Grade Bond Factor ETF Stock Up 2.0 %

Shares of BATS:IGEB opened at $44.67 on Tuesday. The firm’s 50-day simple moving average is $44.69 and its 200-day simple moving average is $45.29. 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 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.