iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Stock Price Down 0.1% – Should You Sell?

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF)’s stock price fell 0.1% during trading on Friday. The company traded as low as $44.98 and last traded at $45.08. Approximately 14,967 shares changed hands during mid-day trading, a decline of 21% from the average daily volume of 18,858 shares. The stock had previously closed at $45.11.

iShares ESG Advanced High Yield Corporate Bond ETF Stock Performance

The firm has a 50-day moving average price of $45.39 and a two-hundred day moving average price of $46.34.

iShares ESG Advanced High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a dividend of $0.2405 per share. This represents a $2.89 dividend on an annualized basis and a dividend yield of 6.4%. This is a boost from iShares ESG Advanced High Yield Corporate Bond ETF’s previous monthly dividend of $0.2351. The ex-dividend date was Monday, November 2nd.

Institutional Investors Weigh In On iShares ESG Advanced High Yield Corporate Bond ETF

Several hedge funds have recently modified their holdings of HYXF. Fifth Third Securities Inc. acquired a new stake in iShares ESG Advanced High Yield Corporate Bond ETF in the third quarter valued at $296,000. Continuum Advisory LLC acquired a new position in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the 2nd quarter worth $126,000. Heartland Bank & Trust Co acquired a new position in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the 2nd quarter worth $258,000. Farmers National Bank increased its holdings in shares of iShares ESG Advanced High Yield Corporate Bond ETF by 4.2% in the 1st quarter. Farmers National Bank now owns 5,986 shares of the company’s stock valued at $277,000 after purchasing an additional 239 shares in the last quarter. Finally, FinArc Investments Inc. purchased a new position in shares of iShares ESG Advanced High Yield Corporate Bond ETF in the 1st quarter valued at about $292,000.

iShares ESG Advanced High Yield Corporate Bond ETF Company Profile

The iShares ESG Advanced High Yield Corporate Bond ETF (HYXF) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index of high yield, USD-denominated corporate bonds screened for positive ESG ratings. HYXF was launched on Jun 14, 2016 and is managed by BlackRock.