116,286 Shares in iShares Investment Grade Bond Factor ETF (BATS:IGEB) Purchased by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC purchased a new position in iShares Investment Grade Bond Factor ETF (BATS:IGEB) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 116,286 shares of the company’s stock, valued at approximately $5,158,000. Foundations Investment Advisors LLC owned approximately 0.77% of iShares Investment Grade Bond Factor ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. CWM LLC increased its holdings in shares of iShares Investment Grade Bond Factor ETF by 2.1% in the second quarter. CWM LLC now owns 1,010,995 shares of the company’s stock worth $44,848,000 after purchasing an additional 21,057 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its holdings in shares of iShares Investment Grade Bond Factor ETF by 16.1% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 859,667 shares of the company’s stock worth $38,135,000 after acquiring an additional 119,464 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares Investment Grade Bond Factor ETF by 1,596.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 811,085 shares of the company’s stock valued at $35,980,000 after acquiring an additional 763,278 shares during the last quarter. Waller Financial Planning Group Inc. grew its holdings in shares of iShares Investment Grade Bond Factor ETF by 1.1% in the second quarter. Waller Financial Planning Group Inc. now owns 479,341 shares of the company’s stock valued at $21,264,000 after purchasing an additional 5,391 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its position in iShares Investment Grade Bond Factor ETF by 2,288.6% in the first quarter. Janney Montgomery Scott LLC now owns 394,339 shares of the company’s stock worth $17,686,000 after purchasing an additional 377,830 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Trading Up 0.5 %

IGEB stock opened at $45.99 on Thursday. iShares Investment Grade Bond Factor ETF has a 52 week low of $48.61 and a 52 week high of $50.95. The company has a fifty day simple moving average of $45.21 and a two-hundred day simple moving average of $44.61.

iShares Investment Grade Bond Factor ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, September 6th. Investors of record on Tuesday, September 3rd will be given a $0.1867 dividend. The ex-dividend date of this dividend is Tuesday, September 3rd. This is a positive change from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.17.

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.