State of New Jersey Common Pension Fund D Raises Stock Holdings in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

State of New Jersey Common Pension Fund D grew its stake in iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 113.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,171,932 shares of the company’s stock after buying an additional 621,932 shares during the quarter. State of New Jersey Common Pension Fund D owned approximately 7.74% of iShares Investment Grade Bond Factor ETF worth $51,987,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. LPL Financial LLC grew its position in shares of iShares Investment Grade Bond Factor ETF by 187.8% during the second quarter. LPL Financial LLC now owns 2,131,417 shares of the company’s stock worth $94,550,000 after purchasing an additional 1,390,904 shares in the last quarter. CWM LLC grew its position in shares of iShares Investment Grade Bond Factor ETF by 2.1% during the second quarter. CWM LLC now owns 1,010,995 shares of the company’s stock worth $44,848,000 after purchasing an additional 21,057 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its position in shares of 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 purchasing an additional 119,464 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in shares of iShares Investment Grade Bond Factor ETF by 1,596.6% during the second 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 in the last quarter. Finally, Waller Financial Planning Group Inc. grew its position in shares of iShares Investment Grade Bond Factor ETF by 1.1% during the second quarter. Waller Financial Planning Group Inc. now owns 479,341 shares of the company’s stock worth $21,264,000 after purchasing an additional 5,391 shares in the last quarter.

iShares Investment Grade Bond Factor ETF Trading Up 0.1 %

BATS:IGEB opened at $46.39 on Thursday. iShares Investment Grade Bond Factor ETF has a 12-month low of $48.61 and a 12-month high of $50.95. The stock has a 50-day moving average price of $45.37 and a 200 day moving average price of $44.66.

iShares Investment Grade Bond Factor ETF Increases Dividend

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

iShares Investment Grade Bond Factor ETF 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.