iShares U.S. Fixed Income Balanced Risk Factor ETF (BATS:FIBR) Stock Price Up 1.2% – Here’s What Happened

iShares U.S. Fixed Income Balanced Risk Factor ETF (BATS:FIBRGet Free Report)’s share price traded up 1.2% on Monday . The stock traded as high as $87.19 and last traded at $87.67. 1,115 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 2,336 shares. The stock had previously closed at $86.66.

iShares U.S. Fixed Income Balanced Risk Factor ETF Trading Up 1.2 %

The company has a market cap of $70.13 million, a price-to-earnings ratio of 10.90 and a beta of 0.28. The business has a fifty day moving average of $87.43 and a two-hundred day moving average of $87.53.

iShares U.S. Fixed Income Balanced Risk Factor ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.3811 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Investors Weigh In On iShares U.S. Fixed Income Balanced Risk Factor ETF

An institutional investor recently raised its position in iShares U.S. Fixed Income Balanced Risk Factor ETF stock. Ameriprise Financial Inc. lifted its stake in iShares U.S. Fixed Income Balanced Risk Factor ETF (BATS:FIBRFree Report) by 3.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 117,878 shares of the company’s stock after purchasing an additional 3,882 shares during the quarter. Ameriprise Financial Inc. owned about 15.72% of iShares U.S. Fixed Income Balanced Risk Factor ETF worth $10,253,000 at the end of the most recent reporting period.

iShares U.S. Fixed Income Balanced Risk Factor ETF Company Profile

(Get Free Report)

The iShares U.S. Fixed Income Balanced Risk Factor ETF (FIBR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index composed of USD-denominated bonds and Treasury futures. The index seeks to equalize exposure to interest rate risk and credit risk. FIBR was launched on Feb 24, 2015 and is managed by BlackRock.

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