Wealthspire Advisors LLC Acquires 133,293 Shares of iShares High Yield Bond Factor ETF (BATS:HYDB)

Wealthspire Advisors LLC raised its holdings in iShares High Yield Bond Factor ETF (BATS:HYDB) by 12.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,188,263 shares of the company’s stock after buying an additional 133,293 shares during the period. Wealthspire Advisors LLC owned about 9.66% of iShares High Yield Bond Factor ETF worth $55,860,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Foundations Investment Advisors LLC grew its position in iShares High Yield Bond Factor ETF by 6.4% during the third quarter. Foundations Investment Advisors LLC now owns 10,321 shares of the company’s stock worth $496,000 after buying an additional 624 shares in the last quarter. Outlook Wealth Advisors LLC grew its position in 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 buying an additional 20,482 shares in the last quarter. Arkadios Wealth Advisors grew its position in iShares High Yield Bond Factor ETF by 42.9% during the third quarter. Arkadios Wealth Advisors now owns 8,954 shares of the company’s stock worth $430,000 after buying an additional 2,686 shares in the last quarter. J.W. Cole Advisors Inc. grew its position in iShares High Yield Bond Factor ETF by 12.6% during the third quarter. J.W. Cole Advisors Inc. now owns 23,020 shares of the company’s stock worth $1,106,000 after buying an additional 2,572 shares in the last quarter. Finally, US Bancorp DE grew 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 worth $458,000 after buying an additional 1,023 shares in the last quarter.

iShares High Yield Bond Factor ETF Stock Performance

BATS HYDB opened at $47.52 on Friday. The business has a fifty day moving average price of $47.27 and a two-hundred day moving average price of $47.44. iShares High Yield Bond Factor ETF has a fifty-two week low of $49.60 and a fifty-two week high of $51.73.

iShares High Yield Bond Factor ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.2874 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost 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.