iShares Investment Grade Bond Factor ETF (BATS:IGEB) Sets New 12-Month Low at $46.48

iShares Investment Grade Bond Factor ETF (BATS:IGEB) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $46.48 and last traded at $46.63, with a volume of 167576 shares changing hands. The stock had previously closed at $46.48.

iShares Investment Grade Bond Factor ETF Stock Up 0.3 %

The business has a fifty day moving average price of $45.48 and a 200 day moving average price of $44.70.

iShares Investment Grade Bond Factor ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid 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 was Tuesday, September 3rd.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Kraft Davis & Associates LLC lifted its position in iShares Investment Grade Bond Factor ETF by 5.4% during the 2nd quarter. Kraft Davis & Associates LLC now owns 5,827 shares of the company’s stock worth $262,000 after buying an additional 297 shares in the last quarter. National Bank of Canada FI raised its holdings in iShares Investment Grade Bond Factor ETF by 3.8% during the second quarter. National Bank of Canada FI now owns 11,233 shares of the company’s stock worth $498,000 after acquiring an additional 407 shares in the last quarter. Altus Wealth Management LLC boosted its position in iShares Investment Grade Bond Factor ETF by 1.3% during the second quarter. Altus Wealth Management LLC now owns 32,603 shares of the company’s stock valued at $1,446,000 after purchasing an additional 412 shares during the last quarter. Gilliland Jeter Wealth Management LLC bought a new position in iShares Investment Grade Bond Factor ETF in the second quarter valued at approximately $25,000. Finally, Ascent Group LLC increased its position in shares of iShares Investment Grade Bond Factor ETF by 2.9% during the 1st quarter. Ascent Group LLC now owns 22,999 shares of the company’s stock worth $1,032,000 after purchasing an additional 656 shares during the last quarter.

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.