297,177 Shares in iShares Investment Grade Bond Factor ETF (BATS:IGEB) Bought by BlueStem Wealth Partners LLC

BlueStem Wealth Partners LLC purchased a new stake in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 297,177 shares of the company’s stock, valued at approximately $13,183,000. iShares Investment Grade Bond Factor ETF comprises about 1.7% of BlueStem Wealth Partners LLC’s portfolio, making the stock its 13th biggest holding.

A number of other institutional investors have also bought and sold shares of IGEB. Wilmington Savings Fund Society FSB acquired a new position in shares of iShares Investment Grade Bond Factor ETF during the third quarter valued at about $26,000. Assetmark Inc. acquired a new stake in shares of iShares Investment Grade Bond Factor ETF in the 3rd quarter worth about $29,000. FMR LLC increased its stake in iShares Investment Grade Bond Factor ETF by 46,350.0% in the 3rd quarter. FMR LLC now owns 929 shares of the company’s stock valued at $43,000 after buying an additional 927 shares during the last quarter. Midwest Capital Advisors LLC bought a new position in shares of iShares Investment Grade Bond Factor ETF during the 4th quarter worth approximately $108,000. Finally, Principal Securities Inc. lifted its position in shares of iShares Investment Grade Bond Factor ETF by 207.6% during the 4th quarter. Principal Securities Inc. now owns 2,919 shares of the company’s stock worth $129,000 after buying an additional 1,970 shares in the last quarter.

iShares Investment Grade Bond Factor ETF Price Performance

iShares Investment Grade Bond Factor ETF stock opened at $45.29 on Friday. iShares Investment Grade Bond Factor ETF has a 52 week low of $48.61 and a 52 week high of $50.95. The company’s 50 day moving average price is $44.49 and its two-hundred day moving average price is $45.23.

iShares Investment Grade Bond Factor ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.1843 per share. The ex-dividend date is Monday, March 3rd. This is a positive change from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.18.

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.