Arkadios Wealth Advisors Boosts Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Arkadios Wealth Advisors boosted its position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 42.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,954 shares of the company’s stock after acquiring an additional 2,686 shares during the quarter. Arkadios Wealth Advisors owned 0.07% of iShares High Yield Bond Factor ETF worth $430,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Private Advisor Group LLC purchased a new stake in iShares High Yield Bond Factor ETF during the first quarter valued at $1,974,000. Dynamic Advisor Solutions LLC increased its position in iShares High Yield Bond Factor ETF by 77.1% during the second quarter. Dynamic Advisor Solutions LLC now owns 12,928 shares of the company’s stock valued at $600,000 after acquiring an additional 5,627 shares during the last quarter. Mather Group LLC. increased its position in 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 valued at $156,000 after acquiring an additional 1,172 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in iShares High Yield Bond Factor ETF by 6.5% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 225,689 shares of the company’s stock valued at $10,481,000 after purchasing an additional 13,747 shares during the period. Finally, GM Advisory Group LLC grew its holdings in iShares High Yield Bond Factor ETF by 318.0% during the second quarter. GM Advisory Group LLC now owns 86,208 shares of the company’s stock valued at $4,003,000 after purchasing an additional 65,585 shares during the period.

iShares High Yield Bond Factor ETF Price Performance

BATS:HYDB opened at $47.47 on Thursday. The stock has a 50-day simple moving average of $47.61 and a two-hundred day simple moving average of $46.88. iShares High Yield Bond Factor ETF has a 52-week low of $49.60 and a 52-week high of $51.73.

iShares High Yield Bond Factor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders 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.