Envestnet Portfolio Solutions Inc. Increases Stock Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Envestnet Portfolio Solutions Inc. lifted its holdings in iShares High Yield Bond Factor ETF (BATS:HYDB) by 1,572.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 329,048 shares of the company’s stock after purchasing an additional 309,379 shares during the period. Envestnet Portfolio Solutions Inc. owned about 2.68% of iShares High Yield Bond Factor ETF worth $15,469,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in iShares High Yield Bond Factor ETF by 115.2% during the third quarter. JPMorgan Chase & Co. now owns 93,620 shares of the company’s stock valued at $4,499,000 after acquiring an additional 50,116 shares during the last quarter. US Bancorp DE lifted its position in iShares High Yield Bond Factor ETF by 314.1% during the fourth quarter. US Bancorp DE now owns 39,490 shares of the company’s stock valued at $1,856,000 after acquiring an additional 29,953 shares during the last quarter. Merit Financial Group LLC purchased a new stake in iShares High Yield Bond Factor ETF during the fourth quarter valued at approximately $339,000. Strategic Wealth Investment Group LLC purchased a new position in shares of iShares High Yield Bond Factor ETF in the fourth quarter worth $1,113,000. Finally, Sanctuary Advisors LLC raised its holdings in shares of iShares High Yield Bond Factor ETF by 9.0% in the fourth quarter. Sanctuary Advisors LLC now owns 96,233 shares of the company’s stock worth $4,582,000 after buying an additional 7,922 shares during the last quarter.

iShares High Yield Bond Factor ETF Stock Up 0.3 %

BATS HYDB opened at $47.04 on Monday. The company has a fifty day simple moving average of $47.37 and a two-hundred day simple moving average of $47.47. iShares High Yield Bond Factor ETF has a 12-month low of $45.51 and a 12-month high of $48.10.

iShares High Yield Bond Factor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued 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.