Advocacy Wealth Management Services LLC Takes $290,000 Position in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Advocacy Wealth Management Services LLC bought a new stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 6,248 shares of the company’s stock, valued at approximately $290,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in shares of iShares Investment Grade Bond Factor ETF by 450.0% in the second quarter. Envestnet Asset Management Inc. now owns 6,488,594 shares of the company’s stock valued at $287,834,000 after purchasing an additional 5,308,807 shares during the last quarter. LPL Financial LLC increased its holdings in shares of iShares Investment Grade Bond Factor ETF by 187.8% in the second quarter. LPL Financial LLC now owns 2,131,417 shares of the company’s stock valued at $94,550,000 after purchasing an additional 1,390,904 shares during the last quarter. State of New Jersey Common Pension Fund D increased its holdings in shares of iShares Investment Grade Bond Factor ETF by 113.1% in the second quarter. State of New Jersey Common Pension Fund D now owns 1,171,932 shares of the company’s stock valued at $51,987,000 after purchasing an additional 621,932 shares during the last quarter. CWM LLC increased its holdings in shares of iShares Investment Grade Bond Factor ETF by 2.1% in the second quarter. CWM LLC now owns 1,010,995 shares of the company’s stock valued at $44,848,000 after purchasing an additional 21,057 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. increased its holdings in shares of iShares Investment Grade Bond Factor ETF by 9.2% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 938,769 shares of the company’s stock valued at $43,625,000 after purchasing an additional 79,102 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Stock Up 1.0 %

BATS:IGEB opened at $45.23 on Friday. iShares Investment Grade Bond Factor ETF has a one year low of $48.61 and a one year high of $50.95. The stock has a 50 day moving average price of $45.89 and a 200 day moving average price of $45.09.

iShares Investment Grade Bond Factor ETF Increases Dividend

The business 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.