iShares Investment Grade Systematic Bond ETF $IGEB Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC trimmed its holdings in shares of iShares Investment Grade Systematic Bond ETF (BATS:IGEB) by 69.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,756 shares of the company’s stock after selling 32,793 shares during the period. Parallel Advisors LLC owned 0.05% of iShares Investment Grade Systematic Bond ETF worth $679,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in IGEB. CoreCap Advisors LLC purchased a new position in iShares Investment Grade Systematic Bond ETF in the third quarter valued at about $35,000. GPS Wealth Strategies Group LLC boosted its position in shares of iShares Investment Grade Systematic Bond ETF by 347.3% in the third quarter. GPS Wealth Strategies Group LLC now owns 1,342 shares of the company’s stock worth $62,000 after buying an additional 1,042 shares during the period. GoalVest Advisory LLC acquired a new stake in shares of iShares Investment Grade Systematic Bond ETF in the third quarter valued at about $166,000. PNC Financial Services Group Inc. raised its holdings in shares of iShares Investment Grade Systematic Bond ETF by 26.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 6,856 shares of the company’s stock valued at $316,000 after buying an additional 1,446 shares during the period. Finally, Nations Financial Group Inc. IA ADV raised its holdings in shares of iShares Investment Grade Systematic Bond ETF by 14.4% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 17,040 shares of the company’s stock valued at $785,000 after buying an additional 2,142 shares during the period.

iShares Investment Grade Systematic Bond ETF Price Performance

iShares Investment Grade Systematic Bond ETF stock opened at $45.23 on Thursday. iShares Investment Grade Systematic Bond ETF has a one year low of $43.12 and a one year high of $46.46. The stock’s 50 day moving average price is $45.79 and its 200 day moving average price is $45.87.

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.