McGlone Suttner Wealth Management Inc. Purchases New Position in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

McGlone Suttner Wealth Management Inc. purchased a new position in iShares Investment Grade Bond Factor ETF (BATS:IGEB) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 133,954 shares of the company’s stock, valued at approximately $6,061,000. iShares Investment Grade Bond Factor ETF comprises approximately 1.2% of McGlone Suttner Wealth Management Inc.’s portfolio, making the stock its 12th largest position.

A number of other institutional investors have also recently made changes to their positions in IGEB. Hennion & Walsh Asset Management Inc. boosted its stake in iShares Investment Grade Bond Factor ETF by 6.3% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 795,215 shares of the company’s stock worth $33,725,000 after buying an additional 46,996 shares during the last quarter. Waller Financial Planning Group Inc. boosted its stake in iShares Investment Grade Bond Factor ETF by 0.8% during the fourth 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 during the last quarter. Paragon Wealth Strategies LLC boosted its stake in iShares Investment Grade Bond Factor ETF by 0.5% during the fourth quarter. Paragon Wealth Strategies LLC now owns 262,867 shares of the company’s stock worth $11,893,000 after buying an additional 1,417 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of iShares Investment Grade Bond Factor ETF by 1.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 252,197 shares of the company’s stock valued at $10,686,000 after purchasing an additional 3,645 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its stake in shares of iShares Investment Grade Bond Factor ETF by 22.7% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 210,922 shares of the company’s stock valued at $8,945,000 after purchasing an additional 38,959 shares during the last quarter.

iShares Investment Grade Bond Factor ETF Stock Performance

Shares of iShares Investment Grade Bond Factor ETF stock traded down $0.02 during trading hours on Thursday, hitting $44.85. The company’s stock had a trading volume of 185,348 shares. iShares Investment Grade Bond Factor ETF has a twelve month low of $48.61 and a twelve month high of $50.95. The firm has a fifty day moving average of $44.66 and a 200-day moving average of $43.78.

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.