CreativeOne Wealth LLC Buys New Shares in iShares High Yield Bond Factor ETF (BATS:HYDB)

CreativeOne Wealth LLC purchased a new position in iShares High Yield Bond Factor ETF (BATS:HYDB) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 53,894 shares of the company’s stock, valued at approximately $2,534,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its stake in iShares High Yield Bond Factor ETF by 366.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 2,680,702 shares of the company’s stock worth $126,020,000 after buying an additional 2,105,824 shares during the period. LPL Financial LLC raised its position in shares of iShares High Yield Bond Factor ETF by 200.0% during the fourth quarter. LPL Financial LLC now owns 1,414,515 shares of the company’s stock worth $66,496,000 after purchasing an additional 943,005 shares during the period. Manning & Napier Advisors LLC bought a new position in shares of iShares High Yield Bond Factor ETF in the 4th quarter worth $19,723,000. JPMorgan Chase & Co. grew its position in iShares High Yield Bond Factor ETF by 371.2% in the 4th quarter. JPMorgan Chase & Co. now owns 441,120 shares of the company’s stock valued at $20,737,000 after purchasing an additional 347,500 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its stake in iShares High Yield Bond Factor ETF by 1,572.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 329,048 shares of the company’s stock valued at $15,469,000 after purchasing an additional 309,379 shares in the last quarter.

iShares High Yield Bond Factor ETF Stock Performance

HYDB opened at $45.43 on Tuesday. The company’s fifty day moving average price is $46.91 and its two-hundred day moving average price is $47.26. iShares High Yield Bond Factor ETF has a 1-year low of $44.04 and a 1-year high of $48.10.

iShares High Yield Bond Factor ETF Cuts Dividend

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