HighTower Advisors LLC Buys 4,504 Shares of iShares High Yield Bond Factor ETF (BATS:HYDB)

HighTower Advisors LLC raised its position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 26.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,461 shares of the company’s stock after acquiring an additional 4,504 shares during the period. HighTower Advisors LLC’s holdings in iShares High Yield Bond Factor ETF were worth $1,009,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in HYDB. Kingsview Wealth Management LLC lifted its holdings in iShares High Yield Bond Factor ETF by 1.6% during the 3rd quarter. Kingsview Wealth Management LLC now owns 13,959 shares of the company’s stock worth $671,000 after purchasing an additional 217 shares during the last quarter. Kestra Investment Management LLC lifted its holdings in shares of iShares High Yield Bond Factor ETF by 39.1% during the third quarter. Kestra Investment Management LLC now owns 431,738 shares of the company’s stock worth $20,749,000 after buying an additional 121,404 shares in the last quarter. SWAN Capital LLC bought a new stake in shares of iShares High Yield Bond Factor ETF in the third quarter valued at about $25,000. Jane Street Group LLC grew its stake in shares of iShares High Yield Bond Factor ETF by 1.8% in the third quarter. Jane Street Group LLC now owns 36,346 shares of the company’s stock valued at $1,747,000 after acquiring an additional 646 shares in the last quarter. Finally, MML Investors Services LLC increased its position in iShares High Yield Bond Factor ETF by 0.8% during the third quarter. MML Investors Services LLC now owns 47,070 shares of the company’s stock worth $2,262,000 after acquiring an additional 386 shares during the period.

iShares High Yield Bond Factor ETF Price Performance

BATS HYDB opened at $47.22 on Thursday. The firm has a 50-day moving average price of $47.40 and a two-hundred day moving average price of $47.46. iShares High Yield Bond Factor ETF has a 12-month low of $45.51 and a 12-month high of $48.10.

iShares High Yield Bond Factor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.234 dividend. 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.