LPL Financial LLC Increases Stock Holdings in iShares High Yield Bond Factor ETF (BATS:HYDB)

LPL Financial LLC increased its stake in iShares High Yield Bond Factor ETF (BATS:HYDB) by 200.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,414,515 shares of the company’s stock after acquiring an additional 943,005 shares during the quarter. LPL Financial LLC owned approximately 11.50% of iShares High Yield Bond Factor ETF worth $66,496,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Opus Capital Group LLC grew its position in shares of iShares High Yield Bond Factor ETF by 4.3% in the fourth quarter. Opus Capital Group LLC now owns 5,157 shares of the company’s stock valued at $242,000 after purchasing an additional 211 shares during the period. Kingsview Wealth Management LLC boosted its holdings in iShares High Yield Bond Factor ETF by 1.6% in the 3rd quarter. Kingsview Wealth Management LLC now owns 13,959 shares of the company’s stock worth $671,000 after buying an additional 217 shares during the last quarter. Glass Jacobson Investment Advisors llc increased its stake in iShares High Yield Bond Factor ETF by 4.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 7,662 shares of the company’s stock worth $368,000 after buying an additional 316 shares in the last quarter. Adirondack Trust Co. increased its stake in iShares High Yield Bond Factor ETF by 59.2% during the 4th quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock worth $41,000 after buying an additional 328 shares in the last quarter. Finally, MML Investors Services LLC lifted its position in shares of iShares High Yield Bond Factor ETF by 0.8% in the third quarter. MML Investors Services LLC now owns 47,070 shares of the company’s stock valued at $2,262,000 after acquiring an additional 386 shares in the last quarter.

iShares High Yield Bond Factor ETF Trading Up 0.7 %

Shares of HYDB opened at $47.22 on Thursday. The stock has a 50 day moving average price of $47.40 and a 200 day moving average price of $47.46. iShares High Yield Bond Factor ETF has a one year low of $45.51 and a one year high of $48.10.

iShares High Yield Bond Factor ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.234 dividend. The ex-dividend date 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.