Able Wealth Management LLC Makes New $221,000 Investment in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Able Wealth Management LLC bought a new position in iShares Investment Grade Bond Factor ETF (BATS:IGEB) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,976 shares of the company’s stock, valued at approximately $221,000.

Several other hedge funds and other institutional investors also recently modified their holdings of IGEB. Wilmington Savings Fund Society FSB bought a new stake in shares of iShares Investment Grade Bond Factor ETF during the 3rd quarter valued at $26,000. Assetmark Inc. purchased a new position in iShares Investment Grade Bond Factor ETF during the 3rd quarter valued at about $29,000. FMR LLC increased its position in shares of 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 buying an additional 927 shares during the period. Principal Securities Inc. increased its position in shares of iShares Investment Grade Bond Factor ETF by 207.6% during the fourth quarter. Principal Securities Inc. now owns 2,919 shares of the company’s stock valued at $129,000 after buying an additional 1,970 shares during the period. Finally, Coldstream Capital Management Inc. boosted its position in shares of iShares Investment Grade Bond Factor ETF by 4.8% in the third quarter. Coldstream Capital Management Inc. now owns 5,355 shares of the company’s stock valued at $249,000 after acquiring an additional 243 shares during the period.

iShares Investment Grade Bond Factor ETF Stock Up 1.9 %

Shares of BATS:IGEB opened at $44.62 on Thursday. The company has a 50 day moving average of $44.46 and a 200 day moving average of $45.24. 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 Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.1833 per share. The ex-dividend date was Monday, February 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.