iShares Investment Grade Bond Factor ETF (BATS:IGEB) Shares Sold by Cyndeo Wealth Partners LLC

Cyndeo Wealth Partners LLC reduced its holdings in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 44.0% during the fourth quarter, Holdings Channel reports. The firm owned 11,469 shares of the company’s stock after selling 8,995 shares during the period. Cyndeo Wealth Partners LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $509,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in IGEB. World Investment Advisors LLC grew its position in iShares Investment Grade Bond Factor ETF by 15,153.5% in the third quarter. World Investment Advisors LLC now owns 953,498 shares of the company’s stock worth $44,309,000 after acquiring an additional 947,247 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of iShares Investment Grade Bond Factor ETF by 323.2% during the 2nd quarter. Cetera Investment Advisers now owns 557,939 shares of the company’s stock worth $24,750,000 after buying an additional 426,114 shares during the period. State of New Jersey Common Pension Fund D boosted its holdings in shares of iShares Investment Grade Bond Factor ETF by 21.3% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 1,421,932 shares of the company’s stock worth $66,077,000 after buying an additional 250,000 shares during the period. Exchange Traded Concepts LLC bought a new stake in iShares Investment Grade Bond Factor ETF in the 4th quarter valued at $9,554,000. Finally, Ameliora Wealth Management Ltd. lifted its holdings in shares of iShares Investment Grade Bond Factor ETF by 69.6% during the 3rd quarter. Ameliora Wealth Management Ltd. now owns 497,462 shares of the company’s stock worth $23,117,000 after acquiring an additional 204,192 shares during the period.

iShares Investment Grade Bond Factor ETF Price Performance

Shares of IGEB stock opened at $44.43 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 firm has a 50-day moving average price of $44.70 and a 200 day moving average price of $45.29.

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.