Savvy Advisors Inc. Buys 4,682 Shares of iShares High Yield Bond Factor ETF (BATS:HYDB)

Savvy Advisors Inc. boosted its stake in iShares High Yield Bond Factor ETF (BATS:HYDB) by 39.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,468 shares of the company’s stock after acquiring an additional 4,682 shares during the period. Savvy Advisors Inc. owned 0.13% of iShares High Yield Bond Factor ETF worth $791,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Larson Financial Group LLC acquired a new position in iShares High Yield Bond Factor ETF in the second quarter valued at approximately $25,000. Concourse Financial Group Securities Inc. lifted its stake in iShares High Yield Bond Factor ETF by 336.2% in the third quarter. Concourse Financial Group Securities Inc. now owns 759 shares of the company’s stock valued at $36,000 after buying an additional 585 shares during the period. Family Asset Management LLC acquired a new position in iShares High Yield Bond Factor ETF in the second quarter valued at approximately $55,000. Mather Group LLC. lifted its stake in iShares High Yield Bond Factor ETF by 120.3% in the second quarter. Mather Group LLC. now owns 2,082 shares of the company’s stock valued at $97,000 after buying an additional 1,137 shares during the period. Finally, Comerica Bank lifted its stake in iShares High Yield Bond Factor ETF by 417.4% in the first quarter. Comerica Bank now owns 2,856 shares of the company’s stock valued at $133,000 after buying an additional 2,304 shares during the period.

iShares High Yield Bond Factor ETF Stock Down 0.5 %

Shares of BATS:HYDB opened at $47.54 on Wednesday. iShares High Yield Bond Factor ETF has a twelve month low of $49.60 and a twelve month high of $51.73. The stock’s 50 day moving average is $47.60 and its 200-day moving average is $46.99.

iShares High Yield Bond Factor ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.2779 per share. This is a positive change from iShares High Yield Bond Factor ETF’s previous dividend of $0.28. The ex-dividend date of this dividend was Tuesday, September 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.