Synergy Asset Management LLC Acquires New Holdings in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Synergy Asset Management LLC acquired a new stake in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,906 shares of the company’s stock, valued at approximately $399,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Waller Financial Planning Group Inc. raised its position in iShares Investment Grade Bond Factor ETF by 0.8% in the fourth quarter. Waller Financial Planning Group Inc. now owns 470,405 shares of the company’s stock worth $21,283,000 after acquiring an additional 3,840 shares during the period. Systelligence LLC bought a new position in iShares Investment Grade Bond Factor ETF in the fourth quarter worth approximately $4,191,000. CPA Asset Management LLC raised its position in iShares Investment Grade Bond Factor ETF by 72.9% in the fourth quarter. CPA Asset Management LLC now owns 23,392 shares of the company’s stock worth $1,058,000 after acquiring an additional 9,859 shares during the period. McGlone Suttner Wealth Management Inc. bought a new position in iShares Investment Grade Bond Factor ETF in the fourth quarter worth approximately $6,061,000. Finally, SteelPeak Wealth LLC bought a new position in iShares Investment Grade Bond Factor ETF in the fourth quarter worth approximately $203,000.

iShares Investment Grade Bond Factor ETF Stock Down 0.5 %

IGEB traded down $0.20 during trading on Tuesday, hitting $43.99. The company’s stock had a trading volume of 186,294 shares. iShares Investment Grade Bond Factor ETF has a one year low of $48.61 and a one year high of $50.95. The business’s 50 day simple moving average is $44.21 and its 200-day simple moving average is $44.48.

iShares Investment Grade Bond Factor ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be given a dividend of $0.1689 per share. The ex-dividend date of this dividend is Monday, July 1st.

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.