5,426 Shares in iShares Investment Grade Bond Factor ETF (BATS:IGEB) Purchased by Kraft Davis & Associates LLC

Kraft Davis & Associates LLC bought a new position in iShares Investment Grade Bond Factor ETF (BATS:IGEB) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 5,426 shares of the company’s stock, valued at approximately $244,000.

A number of other hedge funds have also added to or reduced their stakes in IGEB. Buffington Mohr McNeal boosted its holdings in iShares Investment Grade Bond Factor ETF by 15.8% in the 4th quarter. Buffington Mohr McNeal now owns 37,600 shares of the company’s stock valued at $1,701,000 after purchasing an additional 5,125 shares during the period. ORG Partners LLC bought a new stake in iShares Investment Grade Bond Factor ETF during the fourth quarter valued at $350,000. Geneos Wealth Management Inc. purchased a new position in iShares Investment Grade Bond Factor ETF during the fourth quarter worth about $572,000. Altus Wealth Management LLC increased its stake in iShares Investment Grade Bond Factor ETF by 2.2% in the 4th quarter. Altus Wealth Management LLC now owns 32,964 shares of the company’s stock worth $1,491,000 after acquiring an additional 716 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC purchased a new stake in shares of iShares Investment Grade Bond Factor ETF in the 4th quarter valued at about $825,000.

iShares Investment Grade Bond Factor ETF Stock Up 0.1 %

Shares of BATS IGEB traded up $0.06 during midday trading on Friday, hitting $43.52. 73,574 shares of the company’s stock were exchanged. The business’s fifty day moving average price is $44.39 and its two-hundred day moving average price is $43.92. 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 business also recently declared a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a $0.1878 dividend. The ex-dividend date was Monday, April 1st. This is a boost from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.18.

iShares Investment Grade Bond Factor ETF Company 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.