Sagespring Wealth Partners LLC Increases Position in iShares Investment Grade Systematic Bond ETF (BATS:IGEB)

Sagespring Wealth Partners LLC raised its position in iShares Investment Grade Systematic Bond ETF (BATS:IGEB) by 19.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,089 shares of the company’s stock after purchasing an additional 3,664 shares during the period. Sagespring Wealth Partners LLC owned 0.09% of iShares Investment Grade Systematic Bond ETF worth $994,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of IGEB. Glass Jacobson Investment Advisors llc increased its position in shares of iShares Investment Grade Systematic Bond ETF by 222.8% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 1,730 shares of the company’s stock valued at $77,000 after purchasing an additional 1,194 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of iShares Investment Grade Systematic Bond ETF by 1,243.8% in the 4th quarter. Wells Fargo & Company MN now owns 2,177 shares of the company’s stock valued at $97,000 after purchasing an additional 2,015 shares during the last quarter. Midwest Capital Advisors LLC purchased a new stake in shares of iShares Investment Grade Systematic Bond ETF in the 4th quarter valued at approximately $108,000. Ameriflex Group Inc. purchased a new stake in shares of iShares Investment Grade Systematic Bond ETF in the 4th quarter valued at approximately $128,000. Finally, Principal Securities Inc. grew its position in shares of iShares Investment Grade Systematic Bond ETF by 207.6% in the 4th quarter. Principal Securities Inc. now owns 2,919 shares of the company’s stock valued at $129,000 after buying an additional 1,970 shares during the last quarter.

iShares Investment Grade Systematic Bond ETF Stock Up 2.4%

BATS IGEB opened at $44.84 on Wednesday. The firm’s fifty day moving average price is $44.44 and its 200 day moving average price is $44.59. iShares Investment Grade Systematic Bond ETF has a 12 month low of $43.12 and a 12 month high of $46.76.

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.