iShares High Yield Bond Factor ETF (BATS:HYDB) Shares Purchased by Summit Wealth Partners LLC

Summit Wealth Partners LLC boosted its holdings in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 5.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,819 shares of the company’s stock after acquiring an additional 1,565 shares during the quarter. Summit Wealth Partners LLC’s holdings in iShares High Yield Bond Factor ETF were worth $1,355,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HYDB. Kingsview Wealth Management LLC grew its stake in shares of iShares High Yield Bond Factor ETF by 1.6% in the third quarter. Kingsview Wealth Management LLC now owns 13,959 shares of the company’s stock valued at $671,000 after buying an additional 217 shares in the last quarter. Glass Jacobson Investment Advisors llc lifted its holdings 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 during the last quarter. Adirondack Trust Co. lifted its holdings 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 during the last quarter. Rovin Capital UT ADV lifted its holdings in iShares High Yield Bond Factor ETF by 1.7% during the 3rd quarter. Rovin Capital UT ADV now owns 22,356 shares of the company’s stock worth $1,074,000 after buying an additional 378 shares during the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of iShares High Yield Bond Factor ETF by 0.8% in the 3rd quarter. MML Investors Services LLC now owns 47,070 shares of the company’s stock valued at $2,262,000 after purchasing an additional 386 shares during the last quarter.

iShares High Yield Bond Factor ETF Stock Performance

BATS HYDB opened at $47.48 on Thursday. iShares High Yield Bond Factor ETF has a one year low of $49.60 and a one year high of $51.73. The firm’s fifty day moving average is $47.34 and its two-hundred day moving average is $47.39.

iShares High Yield Bond Factor ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.2874 per share. This is an increase from iShares High Yield Bond Factor ETF’s previous dividend of $0.28. The ex-dividend date is 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.