Buffington Mohr McNeal Sells 9,227 Shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Buffington Mohr McNeal lowered its position in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 21.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 34,287 shares of the company’s stock after selling 9,227 shares during the quarter. Buffington Mohr McNeal owned approximately 0.23% of iShares Investment Grade Bond Factor ETF worth $1,593,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in iShares Investment Grade Bond Factor ETF by 450.0% in the second quarter. Envestnet Asset Management Inc. now owns 6,488,594 shares of the company’s stock valued at $287,834,000 after purchasing an additional 5,308,807 shares during the last quarter. LPL Financial LLC increased its holdings in iShares Investment Grade Bond Factor ETF by 187.8% in the second quarter. LPL Financial LLC now owns 2,131,417 shares of the company’s stock valued at $94,550,000 after purchasing an additional 1,390,904 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in iShares Investment Grade Bond Factor ETF by 1,596.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 811,085 shares of the company’s stock valued at $35,980,000 after purchasing an additional 763,278 shares during the last quarter. State of New Jersey Common Pension Fund D increased its holdings in iShares Investment Grade Bond Factor ETF by 113.1% in the second quarter. State of New Jersey Common Pension Fund D now owns 1,171,932 shares of the company’s stock valued at $51,987,000 after purchasing an additional 621,932 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in 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 purchasing an additional 426,114 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Trading Down 0.5 %

BATS IGEB opened at $45.79 on Friday. iShares Investment Grade Bond Factor ETF has a 12 month low of $48.61 and a 12 month high of $50.95. The stock has a 50-day simple moving average of $46.06 and a 200 day simple moving average of $44.96.

iShares Investment Grade Bond Factor ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders 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 of this dividend was Tuesday, September 3rd.

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.