Seamount Financial Group Inc. Raises Holdings in iShares High Yield Bond Factor ETF (BATS:HYDB)

Seamount Financial Group Inc. lifted its stake in iShares High Yield Bond Factor ETF (BATS:HYDB) by 153.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,422 shares of the company’s stock after acquiring an additional 10,552 shares during the period. Seamount Financial Group Inc. owned 0.14% of iShares High Yield Bond Factor ETF worth $819,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of HYDB. Mather Group LLC. lifted its holdings in iShares High Yield Bond Factor ETF by 56.3% during the third quarter. Mather Group LLC. now owns 3,254 shares of the company’s stock valued at $156,000 after purchasing an additional 1,172 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares High Yield Bond Factor ETF by 115.2% in the third quarter. JPMorgan Chase & Co. now owns 93,620 shares of the company’s stock valued at $4,499,000 after acquiring an additional 50,116 shares during the last quarter. Foundations Investment Advisors LLC lifted its position in iShares High Yield Bond Factor ETF by 6.4% in the third quarter. Foundations Investment Advisors LLC now owns 10,321 shares of the company’s stock valued at $496,000 after buying an additional 624 shares during the last quarter. Apollon Wealth Management LLC raised its position in iShares High Yield Bond Factor ETF by 17.3% in the third quarter. Apollon Wealth Management LLC now owns 28,214 shares of the company’s stock valued at $1,356,000 after purchasing an additional 4,163 shares during the period. Finally, Merit Financial Group LLC purchased a new position in shares of iShares High Yield Bond Factor ETF in the fourth quarter valued at approximately $339,000.

iShares High Yield Bond Factor ETF Trading Up 0.8 %

Shares of HYDB opened at $47.27 on Friday. iShares High Yield Bond Factor ETF has a 1 year low of $49.60 and a 1 year high of $51.73. The stock has a 50-day simple moving average of $47.33 and a 200-day simple moving average of $47.39.

iShares High Yield Bond Factor ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.2874 dividend. 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 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.