TSA Wealth Managment LLC Sells 50,572 Shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB)

TSA Wealth Managment LLC reduced its position in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 89.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,222 shares of the company’s stock after selling 50,572 shares during the period. TSA Wealth Managment LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $276,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of IGEB. LPL Financial LLC lifted its stake in iShares Investment Grade Bond Factor ETF by 3.5% during the 3rd quarter. LPL Financial LLC now owns 2,206,094 shares of the company’s stock valued at $102,517,000 after acquiring an additional 74,677 shares in the last quarter. State of New Jersey Common Pension Fund D lifted its stake in 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 valued at $66,077,000 after acquiring an additional 250,000 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its stake in iShares Investment Grade Bond Factor ETF by 16.2% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 1,091,067 shares of the company’s stock valued at $48,400,000 after acquiring an additional 152,298 shares in the last quarter. World Investment Advisors LLC lifted its stake in iShares Investment Grade Bond Factor ETF by 15,153.5% during the 3rd 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, Stratos Investment Management LLC lifted its stake in iShares Investment Grade Bond Factor ETF by 42.4% during the 4th quarter. Stratos Investment Management LLC now owns 835,460 shares of the company’s stock valued at $37,061,000 after acquiring an additional 248,604 shares in the last quarter.

iShares Investment Grade Bond Factor ETF Stock Performance

Shares of BATS:IGEB opened at $45.20 on Tuesday. The stock’s fifty day simple moving average is $44.49 and its two-hundred day simple moving average is $45.23. 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 Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.1843 per share. The ex-dividend date of this dividend is Monday, March 3rd. This is a boost from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.18.

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.