Spectrum Wealth Counsel LLC Trims Stock Holdings in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Spectrum Wealth Counsel LLC trimmed its position in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 68.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,771 shares of the company’s stock after selling 12,719 shares during the period. Spectrum Wealth Counsel LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $256,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new position in shares of iShares Investment Grade Bond Factor ETF during the third quarter valued at $26,000. Assetmark Inc. purchased a new stake in iShares Investment Grade Bond Factor ETF in the third quarter worth about $29,000. FMR LLC increased its position in iShares Investment Grade Bond Factor ETF by 46,350.0% in the third quarter. FMR LLC now owns 929 shares of the company’s stock worth $43,000 after buying an additional 927 shares in the last quarter. Midwest Capital Advisors LLC purchased a new stake in shares of iShares Investment Grade Bond Factor ETF during the fourth quarter worth about $108,000. Finally, Principal Securities Inc. grew its position in shares of iShares Investment Grade Bond Factor ETF by 207.6% during the fourth quarter. Principal Securities Inc. now owns 2,919 shares of the company’s stock worth $129,000 after purchasing an additional 1,970 shares in the last quarter.

iShares Investment Grade Bond Factor ETF Stock Performance

BATS IGEB opened at $45.29 on Friday. The business has a 50 day simple moving average of $44.46 and a two-hundred day simple moving average of $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 Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.1833 dividend. The ex-dividend date was Monday, February 3rd.

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.