iShares Investment Grade Bond Factor ETF (BATS:IGEB) is Ameliora Wealth Management Ltd.’s 2nd Largest Position

Ameliora Wealth Management Ltd. grew its holdings in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 2.7% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 284,232 shares of the company’s stock after buying an additional 7,555 shares during the period. iShares Investment Grade Bond Factor ETF accounts for approximately 5.8% of Ameliora Wealth Management Ltd.’s portfolio, making the stock its 2nd largest position. Ameliora Wealth Management Ltd. owned about 4.99% of iShares Investment Grade Bond Factor ETF worth $12,748,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. ICA Group Wealth Management LLC purchased a new stake in iShares Investment Grade Bond Factor ETF in the 4th quarter valued at approximately $55,000. SouthState Corp purchased a new stake in shares of iShares Investment Grade Bond Factor ETF in the fourth quarter valued at approximately $56,000. PNC Financial Services Group Inc. purchased a new stake in shares of iShares Investment Grade Bond Factor ETF in the fourth quarter valued at approximately $113,000. SteelPeak Wealth LLC purchased a new stake in shares of iShares Investment Grade Bond Factor ETF in the fourth quarter valued at approximately $203,000. Finally, Kraft Davis & Associates LLC purchased a new stake in shares of iShares Investment Grade Bond Factor ETF in the fourth quarter valued at approximately $244,000.

iShares Investment Grade Bond Factor ETF Stock Performance

IGEB stock traded down $0.21 during midday trading on Friday, hitting $44.36. 157,814 shares of the stock were exchanged. The stock’s 50-day moving average price is $44.21 and its 200-day moving average price is $44.49. 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 Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were issued a dividend of $0.1867 per share. The ex-dividend date was Monday, June 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.