JB Capital LLC Makes New Investment in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

JB Capital LLC bought a new stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB) in the second quarter, Holdings Channel reports. The institutional investor bought 16,727 shares of the company’s stock, valued at approximately $742,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Altus Wealth Management LLC lifted its position in iShares Investment Grade Bond Factor ETF by 1.3% during the 2nd quarter. Altus Wealth Management LLC now owns 32,603 shares of the company’s stock worth $1,446,000 after buying an additional 412 shares in the last quarter. Ascent Group LLC grew its stake in shares of iShares Investment Grade Bond Factor ETF by 2.9% during the first quarter. Ascent Group LLC now owns 22,999 shares of the company’s stock valued at $1,032,000 after purchasing an additional 656 shares during the last quarter. Park Place Capital Corp bought a new stake in shares of iShares Investment Grade Bond Factor ETF during the second quarter valued at approximately $38,000. Aspire Private Capital LLC bought a new position in iShares Investment Grade Bond Factor ETF in the 2nd quarter worth approximately $42,000. Finally, Dohj LLC lifted its holdings in iShares Investment Grade Bond Factor ETF by 3.0% during the 1st quarter. Dohj LLC now owns 34,376 shares of the company’s stock worth $1,542,000 after buying an additional 1,000 shares in the last quarter.

iShares Investment Grade Bond Factor ETF Stock Up 0.5 %

Shares of BATS IGEB traded up $0.23 during midday trading on Friday, hitting $46.10. The stock had a trading volume of 95,017 shares. iShares Investment Grade Bond Factor ETF has a fifty-two week low of $48.61 and a fifty-two week high of $50.95. The company’s 50-day simple moving average is $45.01 and its 200 day simple moving average is $44.53.

iShares Investment Grade Bond Factor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were given a $0.1689 dividend. The ex-dividend date was Monday, July 1st.

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.