iShares Investment Grade Systematic Bond ETF (BATS:IGEB) Shares Purchased by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC increased its holdings in shares of iShares Investment Grade Systematic Bond ETF (BATS:IGEB) by 29.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 42,279 shares of the company’s stock after acquiring an additional 9,523 shares during the period. Patton Albertson Miller Group LLC owned approximately 0.18% of iShares Investment Grade Systematic Bond ETF worth $1,903,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of IGEB. Raymond James Financial Inc. acquired a new position in iShares Investment Grade Systematic Bond ETF during the fourth quarter worth $8,739,000. Rossby Financial LCC acquired a new stake in shares of iShares Investment Grade Systematic Bond ETF in the first quarter valued at $33,000. Rockefeller Capital Management L.P. acquired a new stake in shares of iShares Investment Grade Systematic Bond ETF in the fourth quarter valued at $448,000. Vertex Planning Partners LLC raised its stake in shares of iShares Investment Grade Systematic Bond ETF by 5.3% in the fourth quarter. Vertex Planning Partners LLC now owns 10,082 shares of the company’s stock valued at $447,000 after acquiring an additional 504 shares in the last quarter. Finally, Cerity Partners LLC acquired a new stake in iShares Investment Grade Systematic Bond ETF in the fourth quarter valued at $876,000.

iShares Investment Grade Systematic Bond ETF Stock Performance

iShares Investment Grade Systematic Bond ETF stock opened at $44.97 on Friday. iShares Investment Grade Systematic Bond ETF has a 1-year low of $43.12 and a 1-year high of $46.76. The stock’s fifty day moving average is $44.77 and its two-hundred day moving average is $44.61.

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.