iShares Investment Grade Systematic Bond ETF (BATS:IGEB) Short Interest Update

iShares Investment Grade Systematic Bond ETF (BATS:IGEB) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 118,849 shares, an increase of 197.0% from the July 15th total of 40,023 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 274,971 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Farther Finance Advisors LLC grew its position in shares of 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 worth $1,937,000 after acquiring an additional 11,094 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its holdings in shares of iShares Investment Grade Systematic Bond ETF by 52.6% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 26,010 shares of the company’s stock valued at $1,188,000 after acquiring an additional 8,970 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of iShares Investment Grade Systematic Bond ETF by 25.2% during the 4th quarter. NewEdge Advisors LLC now owns 22,389 shares of the company’s stock valued at $1,022,000 after acquiring an additional 4,502 shares in the last quarter. Commonwealth Retirement Investments LLC acquired a new stake in shares of iShares Investment Grade Systematic Bond ETF during the 4th quarter valued at approximately $77,000. Finally, Tidemark LLC lifted its stake in iShares Investment Grade Systematic Bond ETF by 12.5% during the fourth quarter. Tidemark LLC now owns 24,196 shares of the company’s stock worth $1,105,000 after purchasing an additional 2,693 shares during the last quarter.

iShares Investment Grade Systematic Bond ETF Stock Performance

Shares of BATS IGEB opened at $44.21 on Thursday. iShares Investment Grade Systematic Bond ETF has a fifty-two week low of $44.16 and a fifty-two week high of $46.46. The business has a 50 day moving average price of $44.68 and a two-hundred day moving average price of $45.10.

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