Avantax Advisory Services Inc. Raises Holdings in iShares High Yield Bond Factor ETF (BATS:HYDB)

Avantax Advisory Services Inc. increased its position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 102.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 50,834 shares of the company’s stock after purchasing an additional 25,681 shares during the quarter. Avantax Advisory Services Inc.’s holdings in iShares High Yield Bond Factor ETF were worth $2,390,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. SWAN Capital LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF during the third quarter worth approximately $25,000. Retirement Wealth Solutions LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF during the fourth quarter worth approximately $29,000. Synergy Asset Management LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF during the fourth quarter worth approximately $37,000. Adirondack Trust Co. increased its position in shares of iShares High Yield Bond Factor ETF by 59.2% during the fourth quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock worth $41,000 after purchasing an additional 328 shares in the last quarter. Finally, First Horizon Advisors Inc. increased its position in shares of iShares High Yield Bond Factor ETF by 76.4% during the third quarter. First Horizon Advisors Inc. now owns 905 shares of the company’s stock worth $43,000 after purchasing an additional 392 shares in the last quarter.

iShares High Yield Bond Factor ETF Stock Performance

Shares of BATS:HYDB opened at $47.04 on Monday. The business has a fifty day moving average of $47.37 and a two-hundred day moving average of $47.47. iShares High Yield Bond Factor ETF has a 52-week low of $45.51 and a 52-week high of $48.10.

iShares High Yield Bond Factor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.234 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

iShares High Yield Bond Factor ETF Company 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.