iShares Investment Grade Bond Factor ETF (IGEB) to Issue Dividend of $0.18 on March 6th

iShares Investment Grade Bond Factor ETF (BATS:IGEB) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Stockholders of record on Monday, March 3rd will be paid a dividend of 0.1843 per share on Thursday, March 6th. The ex-dividend date of this dividend 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 Stock Performance

iShares Investment Grade Bond Factor ETF stock traded up $1.50 during midday trading on Friday, hitting $45.29. 148,962 shares of the company were exchanged. The company’s fifty day moving average price is $44.49 and its 200-day moving average price is $45.23. iShares Investment Grade Bond Factor ETF has a fifty-two week low of $48.61 and a fifty-two week high of $50.95.

About iShares Investment Grade Bond Factor ETF

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.