Thrivent Financial for Lutherans Acquires 25,097 Shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB)

Thrivent Financial for Lutherans lifted its holdings in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 113.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,300 shares of the company’s stock after purchasing an additional 25,097 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares Investment Grade Bond Factor ETF were worth $2,198,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the company. Brookstone Capital Management acquired a new stake in iShares Investment Grade Bond Factor ETF in the second quarter valued at approximately $1,019,000. Janney Montgomery Scott LLC increased its position in shares of iShares Investment Grade Bond Factor ETF by 4.5% during the third quarter. Janney Montgomery Scott LLC now owns 639,972 shares of the company’s stock worth $29,739,000 after acquiring an additional 27,579 shares in the last quarter. 1620 Investment Advisors Inc. increased its position in shares of iShares Investment Grade Bond Factor ETF by 12.9% during the second quarter. 1620 Investment Advisors Inc. now owns 11,573 shares of the company’s stock worth $513,000 after acquiring an additional 1,326 shares in the last quarter. Executive Wealth Management LLC bought a new stake in shares of iShares Investment Grade Bond Factor ETF during the second quarter worth about $227,000. Finally, Diversify Advisory Services LLC bought a new stake in shares of iShares Investment Grade Bond Factor ETF during the second quarter worth about $603,000.

iShares Investment Grade Bond Factor ETF Price Performance

BATS:IGEB opened at $45.39 on Thursday. iShares Investment Grade Bond Factor ETF has a one year low of $48.61 and a one year high of $50.95. The firm has a 50-day moving average of $45.58 and a 200-day moving average of $45.22.

iShares Investment Grade Bond Factor ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.1867 dividend. This is an increase from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.17. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.