Balanced Rock Investment Advisors LLC Boosts Stock Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Balanced Rock Investment Advisors LLC raised its stake in iShares High Yield Bond Factor ETF (BATS:HYDB) by 10.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,866 shares of the company’s stock after purchasing an additional 538 shares during the quarter. Balanced Rock Investment Advisors LLC’s holdings in iShares High Yield Bond Factor ETF were worth $276,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. HighTower Advisors LLC increased its stake in shares of iShares High Yield Bond Factor ETF by 4.1% during the third quarter. HighTower Advisors LLC now owns 16,957 shares of the company’s stock worth $811,000 after acquiring an additional 665 shares during the period. Jane Street Group LLC raised its stake in shares of iShares High Yield Bond Factor ETF by 1.8% during the 3rd quarter. Jane Street Group LLC now owns 36,346 shares of the company’s stock worth $1,747,000 after buying an additional 646 shares in the last quarter. Advisory Resource Group lifted its holdings in shares of iShares High Yield Bond Factor ETF by 9.5% in the 3rd quarter. Advisory Resource Group now owns 170,035 shares of the company’s stock valued at $8,172,000 after buying an additional 14,776 shares during the period. World Investment Advisors LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF in the third quarter valued at approximately $513,000. Finally, Peapack Gladstone Financial Corp grew its holdings in iShares High Yield Bond Factor ETF by 19.4% during the third quarter. Peapack Gladstone Financial Corp now owns 6,150 shares of the company’s stock worth $296,000 after acquiring an additional 1,000 shares during the period.

iShares High Yield Bond Factor ETF Price Performance

iShares High Yield Bond Factor ETF stock opened at $45.77 on Friday. iShares High Yield Bond Factor ETF has a one year low of $44.04 and a one year high of $48.10. The business has a fifty day moving average of $46.81 and a two-hundred day moving average of $47.22.

iShares High Yield Bond Factor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.234 per share. 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.