14,761 Shares in iShares Investment Grade Bond Factor ETF (BATS:IGEB) Bought by Cobblestone Asset Management LLC

Cobblestone Asset Management LLC purchased a new stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB) during the second quarter, according to its most recent filing with the SEC. The fund purchased 14,761 shares of the company’s stock, valued at approximately $655,000. iShares Investment Grade Bond Factor ETF comprises about 0.4% of Cobblestone Asset Management LLC’s portfolio, making the stock its 28th largest holding. Cobblestone Asset Management LLC owned approximately 0.10% of iShares Investment Grade Bond Factor ETF as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. CWM LLC increased its holdings in shares of iShares Investment Grade Bond Factor ETF by 2.1% in the 2nd quarter. CWM LLC now owns 1,010,995 shares of the company’s stock worth $44,848,000 after buying an additional 21,057 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in iShares Investment Grade Bond Factor ETF by 1,596.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 811,085 shares of the company’s stock worth $35,980,000 after acquiring an additional 763,278 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its stake in shares of iShares Investment Grade Bond Factor ETF by 3.5% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 740,203 shares of the company’s stock valued at $33,198,000 after purchasing an additional 24,813 shares during the last quarter. Waller Financial Planning Group Inc. lifted its stake in shares of iShares Investment Grade Bond Factor ETF by 1.1% in the 2nd quarter. Waller Financial Planning Group Inc. now owns 479,341 shares of the company’s stock valued at $21,264,000 after purchasing an additional 5,391 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of iShares Investment Grade Bond Factor ETF by 2,288.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 394,339 shares of the company’s stock worth $17,686,000 after purchasing an additional 377,830 shares during the period.

iShares Investment Grade Bond Factor ETF Price Performance

Shares of iShares Investment Grade Bond Factor ETF stock traded down $0.10 during trading on Thursday, hitting $45.61. The stock had a trading volume of 203,296 shares. iShares Investment Grade Bond Factor ETF has a 12 month low of $48.61 and a 12 month high of $50.95. The firm’s fifty day simple moving average is $44.81 and its 200-day simple moving average is $44.49.

iShares Investment Grade Bond Factor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were paid a $0.1689 dividend. The ex-dividend date of this dividend was Monday, July 1st.

iShares Investment Grade Bond Factor ETF 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.