TRUE Private Wealth Advisors Purchases Shares of 4,708 iShares Investment Grade Bond Factor ETF (BATS:IGEB)

TRUE Private Wealth Advisors acquired a new stake in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,708 shares of the company’s stock, valued at approximately $209,000.

Several other institutional investors and hedge funds also recently made changes to their positions in IGEB. Ameliora Wealth Management Ltd. raised its stake in shares of iShares Investment Grade Bond Factor ETF by 3.2% in the second quarter. Ameliora Wealth Management Ltd. now owns 293,270 shares of the company’s stock valued at $13,010,000 after acquiring an additional 9,038 shares during the last quarter. Aspire Private Capital LLC bought a new position in shares of iShares Investment Grade Bond Factor ETF in the second quarter valued at about $42,000. Fermata Advisors LLC acquired a new position in iShares Investment Grade Bond Factor ETF during the 2nd quarter worth about $245,000. Cypress Wealth Services LLC bought a new stake in iShares Investment Grade Bond Factor ETF during the 2nd quarter worth about $496,000. Finally, Diversify Advisory Services LLC acquired a new stake in iShares Investment Grade Bond Factor ETF in the 2nd quarter valued at about $603,000.

iShares Investment Grade Bond Factor ETF Stock Performance

iShares Investment Grade Bond Factor ETF stock traded up $0.13 during trading hours on Wednesday, reaching $45.73. 93,334 shares of the company’s stock traded hands. iShares Investment Grade Bond Factor ETF has a fifty-two week low of $48.61 and a fifty-two week high of $50.95. The firm’s 50 day moving average is $44.79 and its 200-day moving average is $44.48.

iShares Investment Grade Bond Factor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were issued a dividend of $0.1689 per share. The ex-dividend date was Monday, July 1st.

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.