Patton Albertson Miller Group LLC Invests $709,000 in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Patton Albertson Miller Group LLC purchased a new stake in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 15,254 shares of the company’s stock, valued at approximately $709,000. Patton Albertson Miller Group LLC owned 0.10% of iShares Investment Grade Bond Factor ETF at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Gilliland Jeter Wealth Management LLC acquired a new position in shares of iShares Investment Grade Bond Factor ETF during the 2nd quarter worth $25,000. Assetmark Inc. acquired a new position in iShares Investment Grade Bond Factor ETF during the third quarter worth $29,000. Park Place Capital Corp bought a new position in iShares Investment Grade Bond Factor ETF during the second quarter valued at about $38,000. Aspire Private Capital LLC acquired a new stake in shares of iShares Investment Grade Bond Factor ETF in the second quarter worth about $42,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in shares of iShares Investment Grade Bond Factor ETF during the 2nd quarter worth about $60,000.

iShares Investment Grade Bond Factor ETF Stock Performance

Shares of iShares Investment Grade Bond Factor ETF stock opened at $45.32 on Tuesday. iShares Investment Grade Bond Factor ETF has a 1-year low of $48.61 and a 1-year high of $50.95. The firm has a fifty day simple moving average of $45.63 and a 200-day simple moving average of $45.20.

iShares Investment Grade Bond Factor ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.1867 dividend. This is a boost from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.17. The ex-dividend date of this dividend was Tuesday, September 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.