iShares Investment Grade Systematic Bond ETF $IGEB Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp decreased its position in shares of iShares Investment Grade Systematic Bond ETF (BATS:IGEB) by 74.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 56,138 shares of the company’s stock after selling 160,735 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares Investment Grade Systematic Bond ETF were worth $2,530,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in IGEB. Jane Street Group LLC boosted its position in shares of iShares Investment Grade Systematic Bond ETF by 772.6% in the 1st quarter. Jane Street Group LLC now owns 155,508 shares of the company’s stock valued at $6,999,000 after purchasing an additional 137,686 shares during the period. Ameriprise Financial Inc. grew its stake in iShares Investment Grade Systematic Bond ETF by 15.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 996,346 shares of the company’s stock worth $45,267,000 after buying an additional 131,839 shares during the last quarter. JPMorgan Chase & Co. increased its position in iShares Investment Grade Systematic Bond ETF by 24.1% during the fourth quarter. JPMorgan Chase & Co. now owns 247,270 shares of the company’s stock worth $11,290,000 after buying an additional 48,088 shares during the period. Janney Montgomery Scott LLC lifted its stake in iShares Investment Grade Systematic Bond ETF by 5.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 546,055 shares of the company’s stock valued at $24,933,000 after buying an additional 26,739 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in iShares Investment Grade Systematic Bond ETF by 35.4% in the fourth quarter. Farther Finance Advisors LLC now owns 42,421 shares of the company’s stock valued at $1,937,000 after buying an additional 11,094 shares during the last quarter.

iShares Investment Grade Systematic Bond ETF Price Performance

IGEB stock opened at $44.36 on Friday. iShares Investment Grade Systematic Bond ETF has a twelve month low of $44.17 and a twelve month high of $46.46. The business has a 50 day simple moving average of $44.73 and a 200-day simple moving average of $45.14.

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