Shares of iShares Investment Grade Systematic Bond ETF (BATS:IGEB – Get Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as $43.93 and last traded at $43.95, with a volume of 3175 shares. The stock had previously closed at $44.26.
iShares Investment Grade Systematic Bond ETF Stock Down 0.6%
The company’s fifty day moving average price is $44.51 and its two-hundred day moving average price is $44.97.
Institutional Trading of iShares Investment Grade Systematic Bond ETF
A number of institutional investors have recently modified their holdings of IGEB. Independence Bank of Kentucky acquired a new position in shares of iShares Investment Grade Systematic Bond ETF during the second quarter worth about $55,000. Commonwealth Retirement Investments LLC acquired a new stake in iShares Investment Grade Systematic Bond ETF in the 4th quarter valued at approximately $77,000. NBH Bank bought a new stake in iShares Investment Grade Systematic Bond ETF in the 2nd quarter valued at approximately $220,000. Flow Traders U.S. LLC bought a new stake in iShares Investment Grade Systematic Bond ETF in the 3rd quarter valued at approximately $284,000. Finally, Stronghold Wealth Management L.L.C. bought a new stake in iShares Investment Grade Systematic Bond ETF in the 4th quarter valued at approximately $295,000.
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.
Further Reading
- Five stocks we like better than iShares Investment Grade Systematic Bond ETF
- Analysts See Major Upside for This Top-10 Performing S&P 500 Stock
- Cook Out, Silicon In: Will Ternus Trigger Apple’s Edge AI Boom?
- Qualcomm’s AI Ambitions Run Into a Smartphone Reality Check
- Palantir’s Sovereign AI Pitch Tests Microsoft’s Cloud-First AI Bet
Receive News & Ratings for iShares Investment Grade Systematic Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Investment Grade Systematic Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
