Hoese & Co LLP Invests $1.77 Million in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Hoese & Co LLP bought a new position in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 38,125 shares of the company’s stock, valued at approximately $1,772,000. iShares Investment Grade Bond Factor ETF comprises approximately 1.5% of Hoese & Co LLP’s investment portfolio, making the stock its 15th biggest holding.

Several other institutional investors and hedge funds have also made changes to their positions in the business. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in shares of iShares Investment Grade Bond Factor ETF by 31.8% during the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 28,960 shares of the company’s stock worth $1,346,000 after purchasing an additional 6,985 shares during the last quarter. Brookstone Capital Management raised its holdings in shares of iShares Investment Grade Bond Factor ETF by 11.6% in the third quarter. Brookstone Capital Management now owns 25,213 shares of the company’s stock valued at $1,172,000 after acquiring an additional 2,612 shares in the last quarter. Waller Financial Planning Group Inc. raised its holdings in shares of iShares Investment Grade Bond Factor ETF by 1.7% in the third quarter. Waller Financial Planning Group Inc. now owns 487,437 shares of the company’s stock valued at $22,651,000 after acquiring an additional 8,096 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of iShares Investment Grade Bond Factor ETF by 323.2% in the second quarter. Cetera Investment Advisers now owns 557,939 shares of the company’s stock valued at $24,750,000 after acquiring an additional 426,114 shares in the last quarter. Finally, Truist Financial Corp bought a new stake in shares of iShares Investment Grade Bond Factor ETF in the second quarter valued at about $3,546,000.

iShares Investment Grade Bond Factor ETF Stock Performance

IGEB stock opened at $45.75 on Friday. The business has a 50-day moving average price of $46.02 and a 200 day moving average price of $44.93. 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 Increases Dividend

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