Spectrum Wealth Counsel LLC Buys New Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Spectrum Wealth Counsel LLC bought a new stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,861 shares of the company’s stock, valued at approximately $229,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in HYDB. US Bancorp DE lifted its position in iShares High Yield Bond Factor ETF by 12.0% during the third quarter. US Bancorp DE now owns 9,537 shares of the company’s stock valued at $458,000 after buying an additional 1,023 shares during the period. Summit Wealth Partners LLC lifted its position in iShares High Yield Bond Factor ETF by 158.7% during the third quarter. Summit Wealth Partners LLC now owns 27,254 shares of the company’s stock valued at $1,310,000 after buying an additional 16,717 shares during the period. Creative Financial Designs Inc. ADV lifted its position in iShares High Yield Bond Factor ETF by 207,756.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 103,928 shares of the company’s stock valued at $4,995,000 after buying an additional 103,878 shares during the period. TFB Advisors LLC purchased a new position in iShares High Yield Bond Factor ETF during the third quarter valued at $335,000. Finally, Rovin Capital UT ADV lifted its position in iShares High Yield Bond Factor ETF by 1.7% during the third quarter. Rovin Capital UT ADV now owns 22,356 shares of the company’s stock valued at $1,074,000 after buying an additional 378 shares during the period.

iShares High Yield Bond Factor ETF Stock Up 1.9 %

HYDB opened at $47.80 on Friday. The stock has a 50-day moving average price of $47.30 and a 200-day moving average price of $47.46. iShares High Yield Bond Factor ETF has a 1 year low of $49.60 and a 1 year high of $51.73.

iShares High Yield Bond Factor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.2874 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares High Yield Bond Factor ETF’s previous dividend of $0.28.

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.