SteelPeak Wealth LLC Lowers Position in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

SteelPeak Wealth LLC cut its stake in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 89.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,430 shares of the company’s stock after selling 75,429 shares during the period. SteelPeak Wealth LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $374,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC lifted its position in shares of 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 valued at $102,517,000 after purchasing an additional 74,677 shares in the last quarter. State of New Jersey Common Pension Fund D lifted its position in shares of iShares Investment Grade Bond Factor ETF by 21.3% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 1,421,932 shares of the company’s stock worth $66,077,000 after buying an additional 250,000 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in shares of iShares Investment Grade Bond Factor ETF by 16.2% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 1,091,067 shares of the company’s stock worth $48,400,000 after buying an additional 152,298 shares during the last quarter. World Investment Advisors LLC grew its holdings in shares of iShares Investment Grade Bond Factor ETF by 15,153.5% in the third quarter. World Investment Advisors LLC now owns 953,498 shares of the company’s stock valued at $44,309,000 after acquiring an additional 947,247 shares in the last quarter. Finally, MML Investors Services LLC increased its position in shares of iShares Investment Grade Bond Factor ETF by 8.2% during the third quarter. MML Investors Services LLC now owns 659,064 shares of the company’s stock valued at $30,627,000 after acquiring an additional 50,215 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Price Performance

IGEB stock opened at $44.67 on Friday. The stock’s fifty day simple moving average is $44.67 and its two-hundred day simple moving average is $45.28. iShares Investment Grade Bond Factor ETF has a 1-year low of $48.61 and a 1-year high of $50.95.

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.