Summit Wealth Partners LLC Grows Stock Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Summit Wealth Partners LLC raised its holdings in iShares High Yield Bond Factor ETF (BATS:HYDB) by 5.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,819 shares of the company’s stock after purchasing an additional 1,565 shares during the period. Summit Wealth Partners LLC owned about 0.23% of iShares High Yield Bond Factor ETF worth $1,355,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Kingsview Wealth Management LLC lifted its holdings in shares of iShares High Yield Bond Factor ETF by 1.6% during the third quarter. Kingsview Wealth Management LLC now owns 13,959 shares of the company’s stock valued at $671,000 after purchasing an additional 217 shares during the last quarter. Glass Jacobson Investment Advisors llc increased its holdings in shares of iShares High Yield Bond Factor ETF by 4.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 7,662 shares of the company’s stock valued at $368,000 after acquiring an additional 316 shares during the last quarter. Adirondack Trust Co. grew its holdings in iShares High Yield Bond Factor ETF by 59.2% in the 4th quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock valued at $41,000 after buying an additional 328 shares during the last quarter. Rovin Capital UT ADV grew its holdings in shares of iShares High Yield Bond Factor ETF by 1.7% during the 3rd quarter. Rovin Capital UT ADV now owns 22,356 shares of the company’s stock worth $1,074,000 after purchasing an additional 378 shares in the last quarter. Finally, MML Investors Services LLC grew its holdings in shares of iShares High Yield Bond Factor ETF by 0.8% during the 3rd quarter. MML Investors Services LLC now owns 47,070 shares of the company’s stock worth $2,262,000 after purchasing an additional 386 shares in the last quarter.

iShares High Yield Bond Factor ETF Trading Up 1.2 %

Shares of BATS:HYDB opened at $47.48 on Thursday. iShares High Yield Bond Factor ETF has a one year low of $49.60 and a one year high of $51.73. The company has a 50 day moving average of $47.34 and a 200-day moving average of $47.39.

iShares High Yield Bond Factor ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be paid a dividend of $0.2874 per share. This is a boost from iShares High Yield Bond Factor ETF’s previous dividend of $0.28. The ex-dividend date of this dividend is Monday, February 3rd.

iShares High Yield Bond Factor ETF Profile

The iShares High Yield Bond Factor ETF (HYDB) is an exchange-traded fund that is based on the BlackRock High Yield Defensive Bond index. The fund tracks a broad-maturity, multifactor index of high-yield bonds. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility.