Envestnet Asset Management Inc. Buys 64,834 Shares of iShares High Yield Bond Factor ETF (BATS:HYDB)

Envestnet Asset Management Inc. raised its stake in iShares High Yield Bond Factor ETF (BATS:HYDB) by 12.5% during the second quarter, Holdings Channel.com reports. The institutional investor owned 582,228 shares of the company’s stock after purchasing an additional 64,834 shares during the quarter. Envestnet Asset Management Inc.’s holdings in iShares High Yield Bond Factor ETF were worth $27,039,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Larson Financial Group LLC bought a new position in shares of iShares High Yield Bond Factor ETF during the 2nd quarter valued at $25,000. Mather Group LLC. bought a new position in shares of iShares High Yield Bond Factor ETF during the 1st quarter valued at $44,000. Family Asset Management LLC bought a new stake in iShares High Yield Bond Factor ETF in the 2nd quarter worth $55,000. Sunbelt Securities Inc. grew its holdings in iShares High Yield Bond Factor ETF by 76.7% in the 1st quarter. Sunbelt Securities Inc. now owns 1,825 shares of the company’s stock worth $85,000 after acquiring an additional 792 shares during the last quarter. Finally, Geneos Wealth Management Inc. bought a new stake in iShares High Yield Bond Factor ETF in the 1st quarter worth $98,000.

iShares High Yield Bond Factor ETF Price Performance

Shares of iShares High Yield Bond Factor ETF stock opened at $48.01 on Friday. iShares High Yield Bond Factor ETF has a 12-month low of $49.60 and a 12-month high of $51.73. The company’s fifty day simple moving average is $47.19 and its two-hundred day simple moving average is $46.64.

iShares High Yield Bond Factor ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given 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 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.