2,435 Shares in iShares Investment Grade Bond Factor ETF (BATS:IGEB) Acquired by Midwest Capital Advisors LLC

Midwest Capital Advisors LLC purchased a new position in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) during the fourth quarter, Holdings Channel reports. The firm purchased 2,435 shares of the company’s stock, valued at approximately $108,000.

A number of other hedge funds have also recently added to or reduced their stakes in IGEB. World Investment Advisors LLC increased its holdings in shares of 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 valued at $44,309,000 after purchasing an additional 947,247 shares during the period. State of New Jersey Common Pension Fund D increased its holdings in shares of iShares Investment Grade Bond Factor ETF by 21.3% in the third quarter. State of New Jersey Common Pension Fund D now owns 1,421,932 shares of the company’s stock valued at $66,077,000 after purchasing an additional 250,000 shares during the period. Stratos Investment Management LLC increased its holdings in shares of iShares Investment Grade Bond Factor ETF by 42.4% in the fourth quarter. Stratos Investment Management LLC now owns 835,460 shares of the company’s stock valued at $37,061,000 after purchasing an additional 248,604 shares during the period. Exchange Traded Concepts LLC acquired a new position in shares of iShares Investment Grade Bond Factor ETF in the fourth quarter valued at approximately $9,554,000. Finally, IHT Wealth Management LLC increased its holdings in shares of iShares Investment Grade Bond Factor ETF by 48.9% in the third quarter. IHT Wealth Management LLC now owns 601,561 shares of the company’s stock valued at $27,954,000 after purchasing an additional 197,511 shares during the period.

iShares Investment Grade Bond Factor ETF Price Performance

BATS:IGEB opened at $44.83 on Monday. The stock’s 50 day simple moving average is $44.45 and its 200-day simple moving average is $45.24. 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 Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.1833 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.