iShares Investment Grade Bond Factor ETF (BATS:IGEB) Shares Sold by Icon Wealth Advisors LLC

Icon Wealth Advisors LLC lessened its holdings in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 0.7% during the third quarter, HoldingsChannel reports. The fund owned 33,186 shares of the company’s stock after selling 243 shares during the period. Icon Wealth Advisors LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $1,542,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IGEB. Brookstone Capital Management acquired a new stake in iShares Investment Grade Bond Factor ETF in the second quarter valued at $1,019,000. Janney Montgomery Scott LLC grew its holdings in iShares Investment Grade Bond Factor ETF by 4.5% in the third quarter. Janney Montgomery Scott LLC now owns 639,972 shares of the company’s stock valued at $29,739,000 after purchasing an additional 27,579 shares during the last quarter. 1620 Investment Advisors Inc. grew its holdings in iShares Investment Grade Bond Factor ETF by 12.9% in the second quarter. 1620 Investment Advisors Inc. now owns 11,573 shares of the company’s stock valued at $513,000 after purchasing an additional 1,326 shares during the last quarter. Executive Wealth Management LLC purchased a new stake in shares of iShares Investment Grade Bond Factor ETF in the second quarter valued at $227,000. Finally, Diversify Advisory Services LLC purchased a new stake in shares of iShares Investment Grade Bond Factor ETF in the second quarter valued at $603,000.

iShares Investment Grade Bond Factor ETF Stock Performance

Shares of BATS:IGEB opened at $45.39 on Friday. The stock’s fifty day simple moving average is $45.53 and its 200-day simple moving average is $45.22. iShares Investment Grade Bond Factor ETF has a 52-week low of $48.61 and a 52-week high of $50.95.

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.