Farther Finance Advisors LLC Buys 4,696 Shares of iShares High Yield Bond Factor ETF (BATS:HYDB)

Farther Finance Advisors LLC raised its stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 1,242.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,074 shares of the company’s stock after purchasing an additional 4,696 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares High Yield Bond Factor ETF were worth $239,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of HYDB. First Horizon Advisors Inc. lifted its position in iShares High Yield Bond Factor ETF by 76.4% during the third quarter. First Horizon Advisors Inc. now owns 905 shares of the company’s stock valued at $43,000 after purchasing an additional 392 shares during the last quarter. CFS Investment Advisory Services LLC bought a new stake in iShares High Yield Bond Factor ETF during the third quarter valued at approximately $268,000. GM Advisory Group LLC lifted its position in iShares High Yield Bond Factor ETF by 11.5% during the third quarter. GM Advisory Group LLC now owns 96,098 shares of the company’s stock valued at $4,618,000 after purchasing an additional 9,890 shares during the last quarter. Meridian Wealth Management LLC bought a new stake in shares of iShares High Yield Bond Factor ETF in the 3rd quarter worth approximately $290,000. Finally, Kingsview Wealth Management LLC lifted its holdings in shares of 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 acquiring an additional 217 shares during the last quarter.

iShares High Yield Bond Factor ETF Stock Performance

Shares of HYDB opened at $47.09 on Wednesday. iShares High Yield Bond Factor ETF has a fifty-two week low of $45.51 and a fifty-two week high of $48.10. The firm has a 50 day moving average price of $47.36 and a 200-day moving average price of $47.46.

iShares High Yield Bond Factor ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders 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 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.