DORVAL Corp Buys Shares of 198,946 iShares Investment Grade Bond Factor ETF (BATS:IGEB)

DORVAL Corp purchased a new position in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 198,946 shares of the company’s stock, valued at approximately $9,001,000. iShares Investment Grade Bond Factor ETF comprises 4.3% of DORVAL Corp’s investment portfolio, making the stock its 11th biggest position. DORVAL Corp owned approximately 3.49% of iShares Investment Grade Bond Factor ETF as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in IGEB. Waller Financial Planning Group Inc. lifted its holdings in iShares Investment Grade Bond Factor ETF by 0.8% during the 4th quarter. Waller Financial Planning Group Inc. now owns 470,405 shares of the company’s stock worth $21,283,000 after buying an additional 3,840 shares in the last quarter. Paragon Wealth Strategies LLC boosted its stake in shares of iShares Investment Grade Bond Factor ETF by 0.5% in the 4th quarter. Paragon Wealth Strategies LLC now owns 262,867 shares of the company’s stock valued at $11,893,000 after purchasing an additional 1,417 shares during the last quarter. Private Advisor Group LLC grew its position in shares of iShares Investment Grade Bond Factor ETF by 68.5% during the 4th quarter. Private Advisor Group LLC now owns 216,444 shares of the company’s stock worth $9,793,000 after buying an additional 87,968 shares during the period. McGlone Suttner Wealth Management Inc. bought a new stake in shares of iShares Investment Grade Bond Factor ETF during the fourth quarter worth approximately $6,061,000. Finally, Systelligence LLC acquired a new position in iShares Investment Grade Bond Factor ETF in the fourth quarter valued at approximately $4,191,000.

iShares Investment Grade Bond Factor ETF Price Performance

IGEB traded down $0.16 during trading on Thursday, reaching $44.12. 45,989 shares of the company’s stock were exchanged. The company’s fifty day moving average price is $44.13 and its 200-day moving average price is $44.29. iShares Investment Grade Bond Factor ETF has a fifty-two week low of $48.61 and a fifty-two week high of $50.95.

iShares Investment Grade Bond Factor ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.1878 per share. This is a positive change from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.18. The ex-dividend date was Monday, April 1st.

iShares Investment Grade Bond Factor ETF 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.