iShares Investment Grade Systematic Bond ETF $IGEB Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC decreased its holdings in shares of iShares Investment Grade Systematic Bond ETF (BATS:IGEB) by 94.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,295 shares of the company’s stock after selling 513,760 shares during the quarter. Janney Montgomery Scott LLC owned about 0.12% of iShares Investment Grade Systematic Bond ETF worth $1,455,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hoese & Co LLP grew its holdings in shares of iShares Investment Grade Systematic Bond ETF by 46.8% during the 4th quarter. Hoese & Co LLP now owns 110,996 shares of the company’s stock worth $5,067,000 after purchasing an additional 35,387 shares during the period. Farther Finance Advisors LLC raised its holdings in iShares Investment Grade Systematic Bond ETF by 35.4% in the 4th 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 period. FreeGulliver LLC raised its holdings in iShares Investment Grade Systematic Bond ETF by 10.8% in the 3rd quarter. FreeGulliver LLC now owns 59,132 shares of the company’s stock valued at $2,723,000 after buying an additional 5,745 shares during the period. Commonwealth Retirement Investments LLC acquired a new position in iShares Investment Grade Systematic Bond ETF in the fourth quarter valued at about $77,000. Finally, Tidemark LLC lifted its position in iShares Investment Grade Systematic Bond ETF by 12.5% in the fourth quarter. Tidemark LLC now owns 24,196 shares of the company’s stock valued at $1,105,000 after buying an additional 2,693 shares during the last quarter.

iShares Investment Grade Systematic Bond ETF Stock Down 0.2%

Shares of IGEB stock opened at $44.61 on Friday. iShares Investment Grade Systematic Bond ETF has a 1-year low of $44.40 and a 1-year high of $46.46. The company has a 50-day moving average of $44.94 and a two-hundred day moving average of $45.32.

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.