iShares Investment Grade Bond Factor ETF (BATS:IGEB) Sets New 1-Year Low – What’s Next?

iShares Investment Grade Bond Factor ETF (BATS:IGEB)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as $44.12 and last traded at $44.47, with a volume of 148962 shares changing hands. The stock had previously closed at $43.79.

iShares Investment Grade Bond Factor ETF Stock Up 1.7 %

The firm’s fifty day moving average is $44.64 and its 200 day moving average is $45.28.

iShares Investment Grade Bond Factor ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be given a dividend of $0.1833 per share. The ex-dividend date is Monday, February 3rd.

Hedge Funds Weigh In On iShares Investment Grade Bond Factor ETF

Large investors have recently bought and sold shares of the stock. Janney Montgomery Scott LLC increased its holdings in shares of iShares Investment Grade Bond Factor ETF by 4.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 639,972 shares of the company’s stock worth $29,739,000 after purchasing an additional 27,579 shares during the period. FMR LLC increased its stake in iShares Investment Grade Bond Factor ETF by 46,350.0% during the third quarter. FMR LLC now owns 929 shares of the company’s stock valued at $43,000 after acquiring an additional 927 shares during the period. Verus Capital Partners LLC raised its holdings in iShares Investment Grade Bond Factor ETF by 29.4% in the 3rd quarter. Verus Capital Partners LLC now owns 7,521 shares of the company’s stock valued at $349,000 after acquiring an additional 1,707 shares in the last quarter. First Heartland Consultants Inc. acquired a new position in iShares Investment Grade Bond Factor ETF in the 3rd quarter valued at approximately $285,000. Finally, TSA Wealth Managment LLC lifted its position in shares of iShares Investment Grade Bond Factor ETF by 9.1% in the 3rd quarter. TSA Wealth Managment LLC now owns 56,794 shares of the company’s stock worth $2,639,000 after acquiring an additional 4,735 shares during the period.

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.