Hoese & Co LLP Increases Stake in iShares Investment Grade Systematic Bond ETF $IGEB

Hoese & Co LLP grew its holdings in iShares Investment Grade Systematic Bond ETF (BATS:IGEB) by 46.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 110,996 shares of the company’s stock after buying an additional 35,387 shares during the quarter. iShares Investment Grade Systematic Bond ETF comprises approximately 3.6% of Hoese & Co LLP’s portfolio, making the stock its 8th largest holding. Hoese & Co LLP’s holdings in iShares Investment Grade Systematic Bond ETF were worth $5,067,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in IGEB. Ameriprise Financial Inc. lifted its position 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 in the last quarter. JPMorgan Chase & Co. increased its position in iShares Investment Grade Systematic Bond ETF by 47.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 317,402 shares of the company’s stock valued at $14,423,000 after acquiring an additional 101,479 shares in the last quarter. BlueStem Wealth Partners LLC raised its stake in shares of iShares Investment Grade Systematic Bond ETF by 18.2% in the third quarter. BlueStem Wealth Partners LLC now owns 202,155 shares of the company’s stock worth $9,308,000 after acquiring an additional 31,151 shares during the last quarter. Jane Street Group LLC raised its stake in shares of iShares Investment Grade Systematic Bond ETF by 772.6% in the first 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 last quarter. Finally, FreeGulliver LLC lifted its position in shares of iShares Investment Grade Systematic Bond ETF by 10.8% during the third quarter. FreeGulliver LLC now owns 59,132 shares of the company’s stock worth $2,723,000 after purchasing an additional 5,745 shares in the last quarter.

iShares Investment Grade Systematic Bond ETF Price Performance

IGEB opened at $44.63 on Monday. iShares Investment Grade Systematic Bond ETF has a one year low of $43.12 and a one year high of $46.46. The company’s 50 day simple moving average is $45.60 and its 200-day simple moving average is $45.80.

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. IGEB was launched on Jul 11, 2017 and is managed by BlackRock.