iShares Investment Grade Bond Factor ETF (BATS:IGEB) Stake Boosted by Pettinga Financial Advisors LLC

Pettinga Financial Advisors LLC boosted its holdings in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 17.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,927 shares of the company’s stock after purchasing an additional 1,176 shares during the quarter. Pettinga Financial Advisors LLC owned approximately 0.05% of iShares Investment Grade Bond Factor ETF worth $368,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in IGEB. Kraft Davis & Associates LLC boosted its holdings in shares of iShares Investment Grade Bond Factor ETF by 5.4% during the second quarter. Kraft Davis & Associates LLC now owns 5,827 shares of the company’s stock valued at $262,000 after acquiring an additional 297 shares during the period. Bay Harbor Wealth Management LLC boosted its stake in iShares Investment Grade Bond Factor ETF by 1.2% during the 3rd quarter. Bay Harbor Wealth Management LLC now owns 26,775 shares of the company’s stock valued at $1,244,000 after purchasing an additional 329 shares during the period. National Bank of Canada FI boosted its stake in iShares Investment Grade Bond Factor ETF by 3.8% during the 2nd quarter. National Bank of Canada FI now owns 11,233 shares of the company’s stock valued at $498,000 after purchasing an additional 407 shares during the period. Altus Wealth Management LLC grew its position in iShares Investment Grade Bond Factor ETF by 1.3% in the 2nd quarter. Altus Wealth Management LLC now owns 32,603 shares of the company’s stock worth $1,446,000 after purchasing an additional 412 shares during the last quarter. Finally, US Bancorp DE increased its stake in shares of 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 valued at $3,898,000 after purchasing an additional 540 shares during the period.

iShares Investment Grade Bond Factor ETF Stock Up 0.1 %

IGEB opened at $44.82 on Monday. The business’s 50 day moving average is $45.78 and its 200-day moving average is $45.17. 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 Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.1867 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.17.

iShares Investment Grade Bond Factor ETF 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.