6,268 Shares in iShares High Yield Bond Factor ETF (BATS:HYDB) Purchased by Arkadios Wealth Advisors

Arkadios Wealth Advisors purchased a new stake in iShares High Yield Bond Factor ETF (BATS:HYDB) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 6,268 shares of the company’s stock, valued at approximately $291,000.

Several other hedge funds have also recently bought and sold shares of HYDB. Bank of New York Mellon Corp increased its stake in shares of iShares High Yield Bond Factor ETF by 3.2% during the second quarter. Bank of New York Mellon Corp now owns 9,273 shares of the company’s stock worth $431,000 after purchasing an additional 285 shares during the period. Absolute Capital Management LLC increased its position in iShares High Yield Bond Factor ETF by 9.8% during the 1st quarter. Absolute Capital Management LLC now owns 5,274 shares of the company’s stock worth $246,000 after buying an additional 469 shares during the period. Armor Investment Advisors LLC lifted its holdings in shares of iShares High Yield Bond Factor ETF by 3.0% during the first quarter. Armor Investment Advisors LLC now owns 16,599 shares of the company’s stock worth $775,000 after buying an additional 487 shares in the last quarter. Continuum Advisory LLC boosted its position in shares of iShares High Yield Bond Factor ETF by 1.5% in the second quarter. Continuum Advisory LLC now owns 34,775 shares of the company’s stock valued at $1,615,000 after acquiring an additional 508 shares during the period. Finally, Insight Wealth Strategies LLC grew its stake in shares of iShares High Yield Bond Factor ETF by 0.9% in the second quarter. Insight Wealth Strategies LLC now owns 69,901 shares of the company’s stock valued at $3,246,000 after acquiring an additional 636 shares in the last quarter.

iShares High Yield Bond Factor ETF Stock Down 0.0 %

BATS:HYDB opened at $47.56 on Friday. iShares High Yield Bond Factor ETF has a 52 week low of $49.60 and a 52 week high of $51.73. The firm’s 50-day simple moving average is $46.86 and its 200 day simple moving average is $46.49.

iShares High Yield Bond Factor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were given a $0.275 dividend. The ex-dividend date of this dividend was Monday, July 1st.

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.