Mercer Global Advisors Inc. ADV Acquires New Holdings in iShares High Yield Bond Factor ETF (BATS:HYDB)

Mercer Global Advisors Inc. ADV bought a new position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 16,069 shares of the company’s stock, valued at approximately $746,000. Mercer Global Advisors Inc. ADV owned about 0.13% of iShares High Yield Bond Factor ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of HYDB. Janney Montgomery Scott LLC bought a new stake in shares of iShares High Yield Bond Factor ETF during the fourth quarter worth about $1,167,000. US Bancorp DE grew its holdings in iShares High Yield Bond Factor ETF by 100.4% during the 4th quarter. US Bancorp DE now owns 12,799 shares of the company’s stock worth $591,000 after acquiring an additional 6,411 shares during the last quarter. Avestar Capital LLC increased its position in iShares High Yield Bond Factor ETF by 24.0% in the 4th quarter. Avestar Capital LLC now owns 14,202 shares of the company’s stock valued at $656,000 after acquiring an additional 2,745 shares during the period. Regal Investment Advisors LLC raised its stake in shares of iShares High Yield Bond Factor ETF by 22.0% during the fourth quarter. Regal Investment Advisors LLC now owns 11,858 shares of the company’s stock valued at $548,000 after acquiring an additional 2,137 shares during the last quarter. Finally, Integrated Advisors Network LLC acquired a new position in shares of iShares High Yield Bond Factor ETF during the fourth quarter worth $358,000.

iShares High Yield Bond Factor ETF Stock Performance

BATS HYDB opened at $47.91 on Friday. iShares High Yield Bond Factor ETF has a twelve month low of $49.60 and a twelve month high of $51.73. The stock has a fifty day simple moving average of $47.27 and a 200 day simple moving average of $46.68.

iShares High Yield Bond Factor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.2779 dividend. This is a boost 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 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.