iShares Investment Grade Bond Factor ETF (BATS:IGEB) Sets New 52-Week Low at $44.03

iShares Investment Grade Bond Factor ETF (BATS:IGEBGet Free Report) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $44.03 and last traded at $44.03, with a volume of 38692 shares trading hands. The stock had previously closed at $44.19.

iShares Investment Grade Bond Factor ETF Stock Up 0.5 %

The firm’s fifty day moving average is $44.08 and its 200-day moving average is $44.35.

iShares Investment Grade Bond Factor ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.1878 per share. The ex-dividend date was Monday, April 1st. This is a boost from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.18.

Institutional Investors Weigh In On iShares Investment Grade Bond Factor ETF

A number of institutional investors have recently made changes to their positions in IGEB. NBC Securities Inc. acquired a new position in iShares Investment Grade Bond Factor ETF in the third quarter worth $40,000. ICA Group Wealth Management LLC acquired a new position in shares of iShares Investment Grade Bond Factor ETF in the 4th quarter valued at about $55,000. SouthState Corp bought a new stake in shares of iShares Investment Grade Bond Factor ETF during the 4th quarter valued at about $56,000. PNC Financial Services Group Inc. acquired a new stake in iShares Investment Grade Bond Factor ETF during the fourth quarter worth about $113,000. Finally, SteelPeak Wealth LLC bought a new position in iShares Investment Grade Bond Factor ETF in the fourth quarter worth about $203,000.

iShares Investment Grade Bond Factor ETF Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for iShares Investment Grade Bond Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Investment Grade Bond Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.