Commonwealth Equity Services LLC Buys 104,530 Shares of iShares High Yield Bond Factor ETF (BATS:HYDB)

Commonwealth Equity Services LLC increased its stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 79.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 236,691 shares of the company’s stock after acquiring an additional 104,530 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares High Yield Bond Factor ETF were worth $11,127,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of HYDB. SWAN Capital LLC bought a new position in iShares High Yield Bond Factor ETF during the third quarter worth $25,000. Retirement Wealth Solutions LLC acquired a new stake in iShares High Yield Bond Factor ETF during the fourth quarter worth $29,000. Synergy Asset Management LLC acquired a new stake in iShares High Yield Bond Factor ETF during the fourth quarter worth $37,000. Adirondack Trust Co. boosted its stake in 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 buying an additional 328 shares in the last quarter. Finally, First Horizon Advisors Inc. boosted its stake in 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 buying an additional 392 shares in the last quarter.

iShares High Yield Bond Factor ETF Trading Up 0.4 %

HYDB opened at $47.09 on Wednesday. iShares High Yield Bond Factor ETF has a fifty-two week low of $45.51 and a fifty-two week high of $48.10. The firm’s fifty day moving average price is $47.36 and its two-hundred day moving average price is $47.46.

iShares High Yield Bond Factor ETF Cuts Dividend

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

About iShares High Yield Bond Factor ETF

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.