Rogco LP Invests $5.06 Million in iShares Investment Grade Systematic Bond ETF $IGEB

Rogco LP bought a new stake in shares of iShares Investment Grade Systematic Bond ETF (BATS:IGEB) during the second quarter, Holdings Channel.com reports. The fund bought 112,165 shares of the company’s stock, valued at approximately $5,060,000. iShares Investment Grade Systematic Bond ETF accounts for approximately 1.6% of Rogco LP’s investment portfolio, making the stock its 13th biggest holding.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Flow Traders U.S. LLC purchased a new stake in iShares Investment Grade Systematic Bond ETF in the third quarter worth about $284,000. NewEdge Advisors LLC boosted its position in iShares Investment Grade Systematic Bond ETF by 1.7% during the 2nd quarter. NewEdge Advisors LLC now owns 17,609 shares of the company’s stock valued at $800,000 after acquiring an additional 302 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of iShares Investment Grade Systematic Bond ETF by 772.6% during the 1st quarter. Jane Street Group LLC now owns 155,508 shares of the company’s stock worth $6,999,000 after acquiring an additional 137,686 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of 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 acquiring an additional 131,839 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in shares of iShares Investment Grade Systematic Bond ETF by 5.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 546,055 shares of the company’s stock worth $24,933,000 after acquiring an additional 26,739 shares in the last quarter.

iShares Investment Grade Systematic Bond ETF Stock Performance

IGEB opened at $43.95 on Friday. The business has a 50 day moving average of $44.44 and a 200-day moving average of $44.93. iShares Investment Grade Systematic Bond ETF has a 52 week low of $43.83 and a 52 week high of $46.46.

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