Sovran Advisors LLC Buys New Shares in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Sovran Advisors LLC purchased a new position in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 16,581 shares of the company’s stock, valued at approximately $726,000. Sovran Advisors LLC owned approximately 0.11% of iShares Investment Grade Bond Factor ETF at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. World Investment Advisors LLC increased its holdings in iShares Investment Grade Bond Factor ETF by 15,153.5% during the third quarter. World Investment Advisors LLC now owns 953,498 shares of the company’s stock worth $44,309,000 after buying an additional 947,247 shares during the last quarter. State of New Jersey Common Pension Fund D grew its position in shares of 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 increased its stake in shares of iShares Investment Grade Bond Factor ETF by 42.4% during the 4th quarter. Stratos Investment Management LLC now owns 835,460 shares of the company’s stock worth $37,061,000 after purchasing an additional 248,604 shares during the last quarter. Exchange Traded Concepts LLC bought a new stake in shares of iShares Investment Grade Bond Factor ETF in the 4th quarter valued at about $9,554,000. Finally, IHT Wealth Management LLC lifted its stake in iShares Investment Grade Bond Factor ETF by 48.9% in the 3rd quarter. IHT Wealth Management LLC now owns 601,561 shares of the company’s stock valued at $27,954,000 after purchasing an additional 197,511 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Price Performance

Shares of BATS IGEB opened at $44.51 on Wednesday. The business’s 50 day moving average price is $44.56 and its two-hundred day moving average price is $45.27. iShares Investment Grade Bond Factor ETF has a twelve month low of $48.61 and a twelve month high of $50.95.

iShares Investment Grade Bond Factor ETF Cuts Dividend

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

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.