iShares Investment Grade Bond Factor ETF (BATS:IGEB) to Issue Dividend Increase – $0.18 Per Share

iShares Investment Grade Bond Factor ETF (BATS:IGEB) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Stockholders of record on Monday, March 3rd will be given a dividend of 0.1843 per share on Thursday, March 6th. The ex-dividend date of this dividend is Monday, March 3rd. This is a boost from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.18.

iShares Investment Grade Bond Factor ETF Stock Up 3.4 %

BATS:IGEB traded up $1.50 during mid-day trading on Friday, hitting $45.29. 148,962 shares of the company’s stock were exchanged. iShares Investment Grade Bond Factor ETF has a fifty-two week low of $48.61 and a fifty-two week high of $50.95. The company has a 50 day simple moving average of $44.49 and a 200-day simple moving average of $45.23.

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.