310,334 Shares in iShares High Yield Bond Factor ETF (BATS:HYDB) Bought by Kestra Investment Management LLC

Kestra Investment Management LLC acquired a new stake in iShares High Yield Bond Factor ETF (BATS:HYDB) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 310,334 shares of the company’s stock, valued at approximately $14,412,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. State of New Jersey Common Pension Fund D lifted its stake in iShares High Yield Bond Factor ETF by 102.6% in the second quarter. State of New Jersey Common Pension Fund D now owns 1,013,120 shares of the company’s stock valued at $47,049,000 after buying an additional 513,120 shares during the last quarter. Captrust Financial Advisors acquired a new position in shares of iShares High Yield Bond Factor ETF in the first quarter valued at approximately $28,429,000. Envestnet Asset Management Inc. increased its holdings in shares of iShares High Yield Bond Factor ETF by 12.5% in the second quarter. Envestnet Asset Management Inc. now owns 582,228 shares of the company’s stock valued at $27,039,000 after purchasing an additional 64,834 shares during the period. Cetera Investment Advisers increased its holdings in shares of iShares High Yield Bond Factor ETF by 58.1% in the second quarter. Cetera Investment Advisers now owns 318,093 shares of the company’s stock valued at $14,772,000 after purchasing an additional 116,880 shares during the period. Finally, IMA Advisory Services Inc. increased its holdings in shares of iShares High Yield Bond Factor ETF by 1.2% in the second quarter. IMA Advisory Services Inc. now owns 265,047 shares of the company’s stock valued at $12,309,000 after purchasing an additional 3,032 shares during the period.

iShares High Yield Bond Factor ETF Price Performance

BATS:HYDB opened at $48.06 on Tuesday. The stock’s 50 day simple moving average is $47.31 and its 200-day simple moving average is $46.71. iShares High Yield Bond Factor ETF has a 12-month low of $49.60 and a 12-month high of $51.73.

iShares High Yield Bond Factor ETF Increases Dividend

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

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.