iShares Investment Grade Bond Factor ETF (BATS:IGEB) Shares Acquired by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lifted its stake in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 43.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,375 shares of the company’s stock after purchasing an additional 1,332 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Investment Grade Bond Factor ETF were worth $194,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of IGEB. Coldstream Capital Management Inc. increased its stake in iShares Investment Grade Bond Factor ETF by 4.8% during the 3rd quarter. Coldstream Capital Management Inc. now owns 5,355 shares of the company’s stock worth $249,000 after buying an additional 243 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares Investment Grade Bond Factor ETF in the third quarter worth approximately $26,000. National Bank of Canada FI increased its position in shares of iShares Investment Grade Bond Factor ETF by 6.3% during the third quarter. National Bank of Canada FI now owns 11,940 shares of the company’s stock worth $555,000 after purchasing an additional 707 shares in the last quarter. True Vision MN LLC increased its position in shares of iShares Investment Grade Bond Factor ETF by 2.8% during the third quarter. True Vision MN LLC now owns 28,034 shares of the company’s stock worth $1,303,000 after purchasing an additional 768 shares in the last quarter. Finally, FMR LLC raised its stake in iShares Investment Grade Bond Factor ETF by 46,350.0% in the 3rd quarter. FMR LLC now owns 929 shares of the company’s stock valued at $43,000 after purchasing an additional 927 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Stock Up 2.7 %

Shares of IGEB opened at $44.97 on Monday. iShares Investment Grade Bond Factor ETF has a 52-week low of $43.28 and a 52-week high of $46.76. The firm’s fifty day moving average is $44.66 and its two-hundred day moving average is $45.12.

iShares Investment Grade Bond Factor ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.1843 dividend. This is an increase from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Monday, March 3rd.

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.