IFP Advisors Inc Acquires 14,516 Shares of iShares High Yield Bond Factor ETF (BATS:HYDB)

IFP Advisors Inc raised its holdings in iShares High Yield Bond Factor ETF (BATS:HYDB) by 15,280.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 14,611 shares of the company’s stock after acquiring an additional 14,516 shares during the quarter. IFP Advisors Inc owned approximately 0.12% of iShares High Yield Bond Factor ETF worth $687,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. WealthShield Partners LLC bought a new stake in shares of iShares High Yield Bond Factor ETF in the 4th quarter valued at about $390,000. Midwest Capital Advisors LLC acquired a new position in shares of iShares High Yield Bond Factor ETF in the fourth quarter worth approximately $1,068,000. Wealthspire Advisors LLC boosted its holdings in iShares High Yield Bond Factor ETF by 12.6% in the fourth quarter. Wealthspire Advisors LLC now owns 1,188,263 shares of the company’s stock valued at $55,860,000 after acquiring an additional 133,293 shares during the last quarter. First Horizon Advisors Inc. increased its position in iShares High Yield Bond Factor ETF by 317.5% during the 4th quarter. First Horizon Advisors Inc. now owns 3,778 shares of the company’s stock valued at $178,000 after purchasing an additional 2,873 shares during the period. Finally, Dahring Cusmano LLC bought a new position in iShares High Yield Bond Factor ETF during the 4th quarter worth approximately $7,820,000.

iShares High Yield Bond Factor ETF Stock Performance

HYDB stock opened at $47.65 on Friday. The company’s fifty day simple moving average is $47.30 and its 200 day simple moving average is $47.46. iShares High Yield Bond Factor ETF has a 12-month low of $49.60 and a 12-month high of $51.73.

iShares High Yield Bond Factor ETF Increases Dividend

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