iShares Investment Grade Bond Factor ETF (BATS:IGEB) to Issue Dividend Increase – $0.18 Per Share

iShares Investment Grade Bond Factor ETF (BATS:IGEB) declared a dividend on Friday, February 28th, NASDAQ Dividends reports. Investors of record on Monday, March 3rd will be paid a dividend of 0.1843 per share on Thursday, March 6th. The ex-dividend date is Monday, March 3rd. This is an increase from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.18.

iShares Investment Grade Bond Factor ETF Trading Up 3.4 %

BATS IGEB traded up $1.50 during trading hours on Friday, reaching $45.29. 148,962 shares of the company’s stock traded hands. iShares Investment Grade Bond Factor ETF has a 52-week low of $48.61 and a 52-week high of $50.95. The firm has a 50-day simple moving average of $44.49 and a 200 day simple moving average of $45.23.

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.