Envestnet acquires shares of IGEB and MBB to diversify portfolio and increase steady income.
Envestnet Portfolio Solutions Inc. has purchased shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) and iShares MBS ETF (NASDAQ:MBB). This move highlights the company's strategy to invest in fixed income assets, diversifying their portfolio and potentially providing steady income for their clients.
August 15, 2024
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