DORVAL Corp Boosts Holdings in iShares Investment Grade Systematic Bond ETF (BATS:IGEB)

DORVAL Corp boosted its position in shares of iShares Investment Grade Systematic Bond ETF (BATS:IGEB) by 2.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 204,216 shares of the company’s stock after purchasing an additional 4,331 shares during the period. iShares Investment Grade Systematic Bond ETF makes up 3.7% of DORVAL Corp’s portfolio, making the stock its 16th biggest position. DORVAL Corp’s holdings in iShares Investment Grade Systematic Bond ETF were worth $9,253,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in iShares Investment Grade Systematic Bond ETF during the fourth quarter valued at approximately $8,739,000. Vertex Planning Partners LLC raised its position in shares of iShares Investment Grade Systematic Bond ETF by 5.3% during the 4th 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. Rockefeller Capital Management L.P. bought a new position in iShares Investment Grade Systematic Bond ETF during the fourth quarter worth $448,000. Commonwealth Equity Services LLC boosted its holdings in iShares Investment Grade Systematic Bond ETF by 44.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 44,871 shares of the company’s stock worth $1,990,000 after purchasing an additional 13,704 shares during the period. Finally, Cerity Partners LLC bought a new stake in iShares Investment Grade Systematic Bond ETF during the fourth quarter valued at $876,000.

iShares Investment Grade Systematic Bond ETF Stock Performance

iShares Investment Grade Systematic Bond ETF stock opened at $45.23 on Wednesday. iShares Investment Grade Systematic Bond ETF has a 1 year low of $43.12 and a 1 year high of $46.76. The firm’s 50-day moving average is $44.54 and its 200-day moving average is $44.58.

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.