LPL Financial LLC Has $102.52 Million Stock Position in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

LPL Financial LLC boosted its stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 3.5% in the third quarter, HoldingsChannel reports. The institutional investor owned 2,206,094 shares of the company’s stock after buying an additional 74,677 shares during the quarter. LPL Financial LLC owned 0.15% of iShares Investment Grade Bond Factor ETF worth $102,517,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Kraft Davis & Associates LLC grew its holdings in iShares Investment Grade Bond Factor ETF by 5.4% during the second quarter. Kraft Davis & Associates LLC now owns 5,827 shares of the company’s stock valued at $262,000 after purchasing an additional 297 shares during the period. Bay Harbor Wealth Management LLC increased its holdings in shares of iShares Investment Grade Bond Factor ETF by 1.2% in the third quarter. Bay Harbor Wealth Management LLC now owns 26,775 shares of the company’s stock worth $1,244,000 after purchasing an additional 329 shares during the period. National Bank of Canada FI boosted its position in shares of iShares Investment Grade Bond Factor ETF by 3.8% during the 2nd quarter. National Bank of Canada FI now owns 11,233 shares of the company’s stock valued at $498,000 after acquiring an additional 407 shares during the last quarter. Altus Wealth Management LLC lifted its position in iShares Investment Grade Bond Factor ETF by 1.3% during the second quarter. Altus Wealth Management LLC now owns 32,603 shares of the company’s stock valued at $1,446,000 after purchasing an additional 412 shares during the last quarter. Finally, US Bancorp DE lifted its holdings in shares of iShares Investment Grade Bond Factor ETF by 0.6% during the 3rd quarter. US Bancorp DE now owns 83,887 shares of the company’s stock worth $3,898,000 after acquiring an additional 540 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Trading Up 0.1 %

IGEB opened at $44.89 on Friday. The stock has a 50-day moving average price of $45.63 and a 200-day moving average price of $45.19. iShares Investment Grade Bond Factor ETF has a 12-month low of $48.61 and a 12-month high of $50.95.

iShares Investment Grade Bond Factor ETF Increases Dividend

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

iShares Investment Grade Bond Factor ETF Company 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.