iShares U.S. Fixed Income Balanced Risk Factor ETF (BATS:FIBR) Shares Up 1.2% – Still a Buy?

iShares U.S. Fixed Income Balanced Risk Factor ETF (BATS:FIBR) shares shot up 1.2% during trading on Monday . The company traded as high as $87.19 and last traded at $87.72. 1,115 shares changed hands during trading, The stock had previously closed at $86.66.

iShares U.S. Fixed Income Balanced Risk Factor ETF Price Performance

The company has a fifty day moving average price of $87.17 and a two-hundred day moving average price of $87.54.

iShares U.S. Fixed Income Balanced Risk Factor ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.3904 dividend. The ex-dividend date was Monday, February 3rd. This is a boost from iShares U.S. Fixed Income Balanced Risk Factor ETF’s previous dividend of $0.37.

Hedge Funds Weigh In On iShares U.S. Fixed Income Balanced Risk Factor ETF

An institutional investor recently raised its position in iShares U.S. Fixed Income Balanced Risk Factor ETF stock. Ameriprise Financial Inc. increased its holdings in shares of iShares U.S. Fixed Income Balanced Risk Factor ETF (BATS:FIBR) by 3.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 117,878 shares of the company’s stock after purchasing an additional 3,882 shares during the period. Ameriprise Financial Inc. owned 15.72% of iShares U.S. Fixed Income Balanced Risk Factor ETF worth $10,253,000 as of its most recent SEC filing.

iShares U.S. Fixed Income Balanced Risk Factor ETF Company Profile

The iShares U.S. Fixed Income Balanced Risk Factor ETF (FIBR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index composed of USD-denominated bonds and Treasury futures. The index seeks to equalize exposure to interest rate risk and credit risk. FIBR was launched on Feb 24, 2015 and is managed by BlackRock.