Patton Albertson Miller Group LLC Buys Shares of 15,254 iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Patton Albertson Miller Group LLC purchased a new position in iShares Investment Grade Bond Factor ETF (BATS:IGEB) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 15,254 shares of the company’s stock, valued at approximately $709,000.

A number of other institutional investors have also made changes to their positions in IGEB. Nwam LLC acquired a new stake in iShares Investment Grade Bond Factor ETF in the 3rd quarter valued at approximately $1,433,000. CFS Investment Advisory Services LLC grew its stake in shares of iShares Investment Grade Bond Factor ETF by 7.8% in the third quarter. CFS Investment Advisory Services LLC now owns 48,139 shares of the company’s stock valued at $2,237,000 after buying an additional 3,500 shares in the last quarter. Concorde Asset Management LLC acquired a new position in iShares Investment Grade Bond Factor ETF during the third quarter worth $276,000. LPL Financial LLC raised its position in iShares Investment Grade Bond Factor ETF by 3.5% during the third quarter. LPL Financial LLC now owns 2,206,094 shares of the company’s stock worth $102,517,000 after acquiring an additional 74,677 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its stake in iShares Investment Grade Bond Factor ETF by 56.6% in the third quarter. First Horizon Advisors Inc. now owns 12,754 shares of the company’s stock valued at $593,000 after acquiring an additional 4,612 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Stock Performance

BATS:IGEB opened at $45.32 on Tuesday. iShares Investment Grade Bond Factor ETF has a 12-month low of $48.61 and a 12-month high of $50.95. The stock’s 50 day moving average price is $45.63 and its two-hundred day moving average price is $45.20.

iShares Investment Grade Bond Factor ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.1867 per share. The ex-dividend date was Tuesday, September 3rd. This is a positive change from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.17.

iShares Investment Grade Bond Factor ETF 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.