First Horizon Advisors Inc. Has $361,000 Stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

First Horizon Advisors Inc. raised its position in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 1,391.2% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 8,142 shares of the company’s stock after buying an additional 7,596 shares during the period. First Horizon Advisors Inc. owned about 0.05% of iShares Investment Grade Bond Factor ETF worth $361,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares Investment Grade Bond Factor ETF by 1,596.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 811,085 shares of the company’s stock worth $35,980,000 after purchasing an additional 763,278 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of iShares Investment Grade Bond Factor ETF by 2,288.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 394,339 shares of the company’s stock worth $17,686,000 after purchasing an additional 377,830 shares during the last quarter. Park Avenue Securities LLC lifted its holdings in iShares Investment Grade Bond Factor ETF by 982.3% during the second quarter. Park Avenue Securities LLC now owns 351,235 shares of the company’s stock worth $15,581,000 after acquiring an additional 318,783 shares in the last quarter. DORVAL Corp bought a new position in iShares Investment Grade Bond Factor ETF during the fourth quarter worth about $9,001,000. Finally, Hennion & Walsh Asset Management Inc. lifted its holdings in iShares Investment Grade Bond Factor ETF by 16.1% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 859,667 shares of the company’s stock worth $38,135,000 after acquiring an additional 119,464 shares in the last quarter.

iShares Investment Grade Bond Factor ETF Price Performance

Shares of BATS:IGEB traded up $0.10 during midday trading on Tuesday, reaching $45.82. The company had a trading volume of 357,810 shares. The business’s 50 day moving average price is $44.89 and its 200 day moving average price is $44.50. 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 business also recently announced a dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were given a $0.1689 dividend. The ex-dividend date was Monday, July 1st.

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.