Merit Financial Group LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB – Free Report) in the 4th quarter, Holdings Channel reports. The fund purchased 7,204 shares of the company’s stock, valued at approximately $339,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. SWAN Capital LLC bought a new position in shares of iShares High Yield Bond Factor ETF in the third quarter valued at about $25,000. Concourse Financial Group Securities Inc. lifted its position in iShares High Yield Bond Factor ETF by 336.2% during the third quarter. Concourse Financial Group Securities Inc. now owns 759 shares of the company’s stock worth $36,000 after acquiring an additional 585 shares during the last quarter. First Horizon Advisors Inc. lifted its position in iShares High Yield Bond Factor ETF by 76.4% during the third quarter. First Horizon Advisors Inc. now owns 905 shares of the company’s stock worth $43,000 after acquiring an additional 392 shares during the last quarter. Mather Group LLC. boosted its holdings in shares of iShares High Yield Bond Factor ETF by 56.3% during the third quarter. Mather Group LLC. now owns 3,254 shares of the company’s stock worth $156,000 after acquiring an additional 1,172 shares during the period. Finally, Tsfg LLC acquired a new position in shares of iShares High Yield Bond Factor ETF in the fourth quarter valued at approximately $159,000.
iShares High Yield Bond Factor ETF Price Performance
BATS:HYDB opened at $47.56 on Friday. The stock has a 50 day simple moving average of $47.37 and a 200 day simple moving average of $47.35. iShares High Yield Bond Factor ETF has a 1-year low of $49.60 and a 1-year high of $51.73.
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.
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Want to see what other hedge funds are holding HYDB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares High Yield Bond Factor ETF (BATS:HYDB – Free Report).
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