Capital Investment Counsel LLC Purchases 107,011 Shares of iShares High Yield Bond Factor ETF (BATS:HYDB)

Capital Investment Counsel LLC increased its holdings in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 75.0% in the fourth quarter, HoldingsChannel reports. The firm owned 249,735 shares of the company’s stock after buying an additional 107,011 shares during the period. iShares High Yield Bond Factor ETF makes up 2.0% of Capital Investment Counsel LLC’s portfolio, making the stock its 12th largest position. Capital Investment Counsel LLC’s holdings in iShares High Yield Bond Factor ETF were worth $11,740,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Assetmark Inc. boosted its holdings in shares of iShares High Yield Bond Factor ETF by 97.9% during the 3rd quarter. Assetmark Inc. now owns 591,870 shares of the company’s stock worth $28,445,000 after buying an additional 292,788 shares during the period. Kestra Investment Management LLC boosted its holdings in shares of iShares High Yield Bond Factor ETF by 39.1% during the third quarter. Kestra Investment Management LLC now owns 431,738 shares of the company’s stock worth $20,749,000 after acquiring an additional 121,404 shares during the period. Cetera Investment Advisers boosted its holdings in shares of iShares High Yield Bond Factor ETF by 58.1% during the second quarter. Cetera Investment Advisers now owns 318,093 shares of the company’s stock worth $14,772,000 after acquiring an additional 116,880 shares during the period. Cornerstone Planning Group LLC grew its position in shares of iShares High Yield Bond Factor ETF by 9.0% in the third quarter. Cornerstone Planning Group LLC now owns 301,461 shares of the company’s stock valued at $14,334,000 after purchasing an additional 24,892 shares during the last quarter. Finally, Outlook Wealth Advisors LLC increased its stake in shares of iShares High Yield Bond Factor ETF by 9.4% during the third quarter. Outlook Wealth Advisors LLC now owns 239,302 shares of the company’s stock worth $11,501,000 after purchasing an additional 20,482 shares during the period.

iShares High Yield Bond Factor ETF Price Performance

BATS:HYDB opened at $47.54 on Wednesday. The stock has a 50 day simple moving average of $47.37 and a 200 day simple moving average of $47.37. 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 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.