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

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

iShares Investment Grade Bond Factor ETF Stock Up 2.1 %

The company’s 50 day moving average is $44.46 and its 200 day moving average is $45.24.

iShares Investment Grade Bond Factor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.1833 per share. The ex-dividend date was Monday, February 3rd.

Institutional Trading of iShares Investment Grade Bond Factor ETF

Large investors have recently modified their holdings of the company. WCG Wealth Advisors LLC increased its holdings in iShares Investment Grade Bond Factor ETF by 2.4% during the 4th quarter. WCG Wealth Advisors LLC now owns 12,154 shares of the company’s stock worth $539,000 after purchasing an additional 289 shares during the period. Royal Bank of Canada increased its stake in shares of iShares Investment Grade Bond Factor ETF by 0.9% during the fourth quarter. Royal Bank of Canada now owns 361,842 shares of the company’s stock valued at $16,052,000 after buying an additional 3,121 shares during the period. Eagle Global Advisors LLC raised its holdings in shares of iShares Investment Grade Bond Factor ETF by 128.8% in the fourth quarter. Eagle Global Advisors LLC now owns 11,900 shares of the company’s stock valued at $528,000 after acquiring an additional 6,700 shares in the last quarter. Citadel Advisors LLC purchased a new stake in iShares Investment Grade Bond Factor ETF in the fourth quarter worth about $26,705,000. Finally, Jane Street Group LLC bought a new position in iShares Investment Grade Bond Factor ETF during the 4th quarter worth about $791,000.

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.