iShares Investment Grade Bond Factor ETF (BATS:IGEB) Stock Holdings Lowered by CFS Investment Advisory Services LLC

CFS Investment Advisory Services LLC trimmed its holdings in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 88.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,478 shares of the company’s stock after selling 42,661 shares during the quarter. CFS Investment Advisory Services LLC’s holdings in iShares Investment Grade Bond Factor ETF were worth $243,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IGEB. LPL Financial LLC boosted its holdings in shares of iShares Investment Grade Bond Factor ETF by 3.5% in the third quarter. LPL Financial LLC now owns 2,206,094 shares of the company’s stock worth $102,517,000 after buying an additional 74,677 shares during the period. State of New Jersey Common Pension Fund D lifted its position in shares of iShares Investment Grade Bond Factor ETF by 21.3% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 1,421,932 shares of the company’s stock valued at $66,077,000 after acquiring an additional 250,000 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in iShares Investment Grade Bond Factor ETF by 16.2% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 1,091,067 shares of the company’s stock worth $48,400,000 after purchasing an additional 152,298 shares during the period. World Investment Advisors LLC grew its position in iShares Investment Grade Bond Factor ETF by 15,153.5% during the 3rd quarter. World Investment Advisors LLC now owns 953,498 shares of the company’s stock worth $44,309,000 after purchasing an additional 947,247 shares in the last quarter. Finally, MML Investors Services LLC raised its stake in iShares Investment Grade Bond Factor ETF by 8.2% during the 3rd quarter. MML Investors Services LLC now owns 659,064 shares of the company’s stock valued at $30,627,000 after purchasing an additional 50,215 shares during the period.

iShares Investment Grade Bond Factor ETF Stock Performance

IGEB opened at $44.43 on Friday. 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 fifty day moving average of $44.70 and a 200-day moving average of $45.29.

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.