GM Advisory Group LLC Grows Stock Holdings in iShares High Yield Bond Factor ETF (BATS:HYDB)

GM Advisory Group LLC raised its position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 5.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 101,074 shares of the company’s stock after buying an additional 4,976 shares during the period. GM Advisory Group LLC owned about 0.82% of iShares High Yield Bond Factor ETF worth $4,751,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of HYDB. Creative Financial Designs Inc. ADV boosted its holdings in iShares High Yield Bond Factor ETF by 2.7% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 106,750 shares of the company’s stock valued at $5,018,000 after purchasing an additional 2,822 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in iShares High Yield Bond Factor ETF by 1,572.9% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 329,048 shares of the company’s stock valued at $15,469,000 after buying an additional 309,379 shares in the last quarter. Tidemark LLC acquired a new stake in shares of iShares High Yield Bond Factor ETF during the fourth quarter worth about $99,000. JPL Wealth Management LLC acquired a new stake in shares of iShares High Yield Bond Factor ETF during the fourth quarter worth about $247,000. Finally, Commonwealth Equity Services LLC increased its position in shares of iShares High Yield Bond Factor ETF by 79.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 236,691 shares of the company’s stock worth $11,127,000 after purchasing an additional 104,530 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 one year low of $45.51 and a one year high of $48.10. The business’s 50-day simple moving average is $47.36 and its 200-day simple moving average is $47.46.

iShares High Yield Bond Factor ETF Cuts Dividend

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