iShares Investment Grade Bond Factor ETF (BATS:IGEB) Sets New 12-Month Low – What’s Next?

Shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) reached a new 52-week low during trading on Tuesday . The stock traded as low as $44.12 and last traded at $44.66, with a volume of 148962 shares changing hands. The stock had previously closed at $43.79.

iShares Investment Grade Bond Factor ETF Price Performance

The business’s fifty day moving average price is $44.46 and its two-hundred day moving average price is $45.24.

iShares Investment Grade Bond Factor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.1833 dividend. The ex-dividend date was Monday, February 3rd.

Hedge Funds Weigh In On iShares Investment Grade Bond Factor ETF

A number of large investors have recently made changes to their positions in IGEB. Wilmington Savings Fund Society FSB purchased a new position in iShares Investment Grade Bond Factor ETF during the 3rd quarter worth $26,000. Assetmark Inc. purchased a new stake in shares of iShares Investment Grade Bond Factor ETF during the third quarter worth about $29,000. FMR LLC increased its holdings 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 acquiring an additional 927 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its position in shares of iShares Investment Grade Bond Factor ETF by 222.8% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 1,730 shares of the company’s stock valued at $77,000 after purchasing an additional 1,194 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in iShares Investment Grade Bond Factor ETF by 1,243.8% during the 4th quarter. Wells Fargo & Company MN now owns 2,177 shares of the company’s stock worth $97,000 after purchasing an additional 2,015 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.