Icon Wealth Advisors LLC Has $47,000 Stock Holdings in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Icon Wealth Advisors LLC lowered its position in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 96.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,020 shares of the company’s stock after selling 32,409 shares during the quarter. Icon Wealth Advisors LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $47,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of IGEB. Gilliland Jeter Wealth Management LLC bought a new stake in shares of iShares Investment Grade Bond Factor ETF during the 2nd quarter worth $25,000. Assetmark Inc. bought a new position in shares of iShares Investment Grade Bond Factor ETF in the third quarter worth approximately $29,000. Park Place Capital Corp bought a new position in iShares Investment Grade Bond Factor ETF during the second quarter valued at approximately $38,000. Aspire Private Capital LLC bought a new position in iShares Investment Grade Bond Factor ETF in the second quarter worth approximately $42,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new position in iShares Investment Grade Bond Factor ETF in the second quarter worth approximately $60,000.

iShares Investment Grade Bond Factor ETF Price Performance

Shares of BATS IGEB opened at $44.89 on Monday. The firm has a fifty day moving average price of $45.63 and a 200-day moving average price of $45.20. 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 announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.1867 per share. 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.