Copperleaf Capital LLC Purchases Shares of 23,007 iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Copperleaf Capital LLC bought a new stake in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 23,007 shares of the company’s stock, valued at approximately $1,021,000.

Other hedge funds have also recently modified their holdings of the company. Principal Securities Inc. increased its stake in iShares Investment Grade Bond Factor ETF by 207.6% in the 4th quarter. Principal Securities Inc. now owns 2,919 shares of the company’s stock worth $129,000 after buying an additional 1,970 shares during the period. Centerpoint Advisory Group purchased a new position in iShares Investment Grade Bond Factor ETF during the 4th quarter worth approximately $711,000. Nations Financial Group Inc. IA ADV raised its position in iShares Investment Grade Bond Factor ETF by 58.5% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 16,376 shares of the company’s stock worth $726,000 after buying an additional 6,041 shares during the last quarter. DORVAL Corp raised its position in iShares Investment Grade Bond Factor ETF by 5.6% during the 4th quarter. DORVAL Corp now owns 199,885 shares of the company’s stock worth $8,867,000 after buying an additional 10,582 shares during the last quarter. Finally, Collier Financial purchased a new position in shares of iShares Investment Grade Bond Factor ETF during the 4th quarter valued at approximately $756,000.

iShares Investment Grade Bond Factor ETF Stock Up 2.2 %

BATS:IGEB opened at $44.74 on Friday. The company has a 50 day moving average price of $44.51 and a 200-day moving average price of $45.26. iShares Investment Grade Bond Factor ETF has a 1-year low of $48.61 and a 1-year high of $50.95.

iShares Investment Grade Bond Factor ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given 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.