iShares Investment Grade Systematic Bond ETF $IGEB Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC lessened its stake in iShares Investment Grade Systematic Bond ETF (BATS:IGEB) by 69.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,756 shares of the company’s stock after selling 32,793 shares during the period. Parallel Advisors LLC’s holdings in iShares Investment Grade Systematic Bond ETF were worth $679,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in IGEB. BlueStem Wealth Partners LLC grew its holdings in iShares Investment Grade Systematic Bond ETF by 18.2% during the 3rd quarter. BlueStem Wealth Partners LLC now owns 202,155 shares of the company’s stock worth $9,308,000 after acquiring an additional 31,151 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of iShares Investment Grade Systematic Bond ETF by 26.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 6,856 shares of the company’s stock valued at $316,000 after purchasing an additional 1,446 shares in the last quarter. GPS Wealth Strategies Group LLC raised its stake in shares of iShares Investment Grade Systematic Bond ETF by 347.3% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 1,342 shares of the company’s stock valued at $62,000 after purchasing an additional 1,042 shares in the last quarter. Tidemark LLC lifted its position in shares of iShares Investment Grade Systematic Bond ETF by 79.1% during the third quarter. Tidemark LLC now owns 21,503 shares of the company’s stock worth $990,000 after purchasing an additional 9,497 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV lifted its position in shares of iShares Investment Grade Systematic Bond ETF by 14.4% during the third quarter. Nations Financial Group Inc. IA ADV now owns 17,040 shares of the company’s stock worth $785,000 after purchasing an additional 2,142 shares during the last quarter.

iShares Investment Grade Systematic Bond ETF Trading Down 0.6%

BATS:IGEB opened at $45.23 on Thursday. iShares Investment Grade Systematic Bond ETF has a one year low of $43.12 and a one year high of $46.46. The stock has a 50-day simple moving average of $45.79 and a 200 day simple moving average of $45.87.

iShares Investment Grade Systematic Bond 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. IGEB was launched on Jul 11, 2017 and is managed by BlackRock.