Janney Montgomery Scott LLC Purchases 27,579 Shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Janney Montgomery Scott LLC raised its position in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 4.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 639,972 shares of the company’s stock after purchasing an additional 27,579 shares during the quarter. Janney Montgomery Scott LLC owned 4.22% of iShares Investment Grade Bond Factor ETF worth $29,739,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Kraft Davis & Associates LLC grew its stake in shares of 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 valued at $262,000 after acquiring an additional 297 shares during the period. Bay Harbor Wealth Management LLC lifted its holdings in iShares Investment Grade Bond Factor ETF by 1.2% in the 3rd quarter. Bay Harbor Wealth Management LLC now owns 26,775 shares of the company’s stock worth $1,244,000 after purchasing an additional 329 shares in the last quarter. National Bank of Canada FI lifted its holdings in iShares Investment Grade Bond Factor ETF by 3.8% in the 2nd quarter. National Bank of Canada FI now owns 11,233 shares of the company’s stock worth $498,000 after purchasing an additional 407 shares in the last quarter. Altus Wealth Management LLC lifted its holdings in iShares Investment Grade Bond Factor ETF by 1.3% in the 2nd quarter. Altus Wealth Management LLC now owns 32,603 shares of the company’s stock worth $1,446,000 after purchasing an additional 412 shares in the last quarter. Finally, US Bancorp DE lifted its holdings in iShares Investment Grade Bond Factor ETF by 0.6% in the 3rd quarter. US Bancorp DE now owns 83,887 shares of the company’s stock worth $3,898,000 after purchasing an additional 540 shares in the last quarter.

iShares Investment Grade Bond Factor ETF Price Performance

BATS IGEB opened at $45.01 on Tuesday. The stock’s 50 day moving average is $45.98 and its 200 day moving average is $45.07. 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 Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.1867 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.17.

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.