Capital Analysts LLC Invests $190,000 in iShares High Yield Bond Factor ETF (BATS:HYDB)

Capital Analysts LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,050 shares of the company’s stock, valued at approximately $190,000.

Several other institutional investors have also added to or reduced their stakes in HYDB. Envestnet Asset Management Inc. grew its holdings in iShares High Yield Bond Factor ETF by 366.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 2,680,702 shares of the company’s stock valued at $126,020,000 after buying an additional 2,105,824 shares in the last quarter. LPL Financial LLC grew its holdings in iShares High Yield Bond Factor ETF by 200.0% during the 4th quarter. LPL Financial LLC now owns 1,414,515 shares of the company’s stock valued at $66,496,000 after buying an additional 943,005 shares in the last quarter. IHT Wealth Management LLC purchased a new position in iShares High Yield Bond Factor ETF during the 4th quarter valued at approximately $24,392,000. Manning & Napier Advisors LLC purchased a new position in shares of iShares High Yield Bond Factor ETF in the 4th quarter worth approximately $19,723,000. Finally, JPMorgan Chase & Co. increased its position in shares of iShares High Yield Bond Factor ETF by 371.2% during the 4th quarter. JPMorgan Chase & Co. now owns 441,120 shares of the company’s stock valued at $20,737,000 after purchasing an additional 347,500 shares during the last quarter.

iShares High Yield Bond Factor ETF Stock Performance

BATS:HYDB opened at $46.53 on Tuesday. The stock’s fifty day moving average is $46.61 and its 200 day moving average is $47.14. iShares High Yield Bond Factor ETF has a fifty-two week low of $44.04 and a fifty-two week high of $48.10.

iShares High Yield Bond Factor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.234 per share. The ex-dividend date was Monday, March 3rd.

About iShares High Yield Bond Factor ETF

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.