Advocacy Wealth Management Services LLC Invests $290,000 in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Advocacy Wealth Management Services LLC purchased a new position in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 6,248 shares of the company’s stock, valued at approximately $290,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Gilliland Jeter Wealth Management LLC purchased a new position in iShares Investment Grade Bond Factor ETF in the second quarter valued at $25,000. Park Place Capital Corp purchased a new position in iShares Investment Grade Bond Factor ETF in the second quarter valued at $38,000. Aspire Private Capital LLC purchased a new position in iShares Investment Grade Bond Factor ETF in the second quarter valued at $42,000. Oliver Lagore Vanvalin Investment Group purchased a new position in iShares Investment Grade Bond Factor ETF in the second quarter valued at $60,000. Finally, International Assets Investment Management LLC purchased a new position in iShares Investment Grade Bond Factor ETF in the second quarter valued at $83,000.

iShares Investment Grade Bond Factor ETF Trading Up 1.0 %

BATS:IGEB opened at $45.23 on Friday. The stock has a fifty day moving average price of $45.89 and a 200 day moving average price of $45.09. iShares Investment Grade Bond Factor ETF has a 12-month low of $48.61 and a 12-month high of $50.95.

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 dividend of $0.1867 per share. 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 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.