iShares High Yield Bond Factor ETF (BATS:HYDB) to Issue Dividend of $0.33

iShares High Yield Bond Factor ETF (BATS:HYDB) declared a dividend on Thursday, March 28th, NASDAQ reports. Shareholders of record on Tuesday, April 2nd will be given a dividend of 0.3264 per share on Friday, April 5th. The ex-dividend date is Monday, April 1st. This is a positive change from iShares High Yield Bond Factor ETF’s previous dividend of $0.29.

iShares High Yield Bond Factor ETF Stock Down 0.1 %

Shares of HYDB traded down $0.07 during mid-day trading on Friday, hitting $46.72. 123,803 shares of the stock were exchanged. iShares High Yield Bond Factor ETF has a 52-week low of $49.60 and a 52-week high of $51.73. The firm has a 50-day moving average of $46.37 and a two-hundred day moving average of $45.36.

Institutional Trading of iShares High Yield Bond Factor ETF

Hedge funds have recently modified their holdings of the company. Citadel Advisors LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF during the 2nd quarter worth approximately $740,000. Osaic Holdings Inc. raised its holdings in shares of iShares High Yield Bond Factor ETF by 69.7% during the 2nd quarter. Osaic Holdings Inc. now owns 15,072 shares of the company’s stock worth $673,000 after acquiring an additional 6,193 shares in the last quarter. Sowell Financial Services LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF during the 2nd quarter worth approximately $483,000. Thrivent Financial for Lutherans purchased a new stake in shares of iShares High Yield Bond Factor ETF during the 1st quarter worth approximately $430,000. Finally, Commonwealth Equity Services LLC raised its holdings in shares of iShares High Yield Bond Factor ETF by 17.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 7,324 shares of the company’s stock worth $327,000 after acquiring an additional 1,063 shares in the last quarter.

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.