Collier Financial Takes Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Collier Financial acquired a new position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 10,843 shares of the company’s stock, valued at approximately $510,000. iShares High Yield Bond Factor ETF accounts for 0.5% of Collier Financial’s holdings, making the stock its 24th biggest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HYDB. True Vision MN LLC acquired a new position in shares of iShares High Yield Bond Factor ETF during the fourth quarter worth about $474,000. Cornerstone Planning Group LLC grew its position in iShares High Yield Bond Factor ETF by 2.2% in the fourth quarter. Cornerstone Planning Group LLC now owns 307,970 shares of the company’s stock valued at $14,666,000 after purchasing an additional 6,509 shares in the last quarter. Apollon Wealth Management LLC increased its stake in iShares High Yield Bond Factor ETF by 10.3% in the 4th quarter. Apollon Wealth Management LLC now owns 31,129 shares of the company’s stock valued at $1,463,000 after buying an additional 2,915 shares during the last quarter. Seamount Financial Group Inc. increased its position in shares of iShares High Yield Bond Factor ETF by 153.6% in the fourth quarter. Seamount Financial Group Inc. now owns 17,422 shares of the company’s stock valued at $819,000 after acquiring an additional 10,552 shares during the last quarter. Finally, Leo Wealth LLC acquired a new position in iShares High Yield Bond Factor ETF during the fourth quarter valued at approximately $1,013,000.

iShares High Yield Bond Factor ETF Price Performance

BATS:HYDB opened at $47.38 on Tuesday. iShares High Yield Bond Factor ETF has a 1-year low of $49.60 and a 1-year high of $51.73. The firm has a fifty day simple moving average of $47.31 and a 200 day simple moving average of $47.40.

iShares High Yield Bond Factor ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2874 per share. This is an increase from iShares High Yield Bond Factor ETF’s previous dividend of $0.28. The ex-dividend date of this dividend was 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.