iShares High Yield Bond Factor ETF (BATS:HYDB) Reaches New 52-Week Low at $46.74

Posted by Chris Copeland on Jul 15th, 2024

iShares High Yield Bond Factor ETF (BATS:HYDB – Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $46.74 and last traded at $46.82, with a volume of 96661 shares. The stock had previously closed at $46.85.

iShares High Yield Bond Factor ETF Trading Down 0.1 %

The firm’s 50-day moving average is $46.44 and its 200-day moving average is $46.32.

iShares High Yield Bond Factor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were paid a dividend of $0.275 per share. The ex-dividend date of this dividend was Monday, July 1st.

Institutional Investors Weigh In On iShares High Yield Bond Factor ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. BKM Wealth Management LLC bought a new stake in iShares High Yield Bond Factor ETF during the 4th quarter worth approximately $33,000. Mather Group LLC. bought a new stake in shares of iShares High Yield Bond Factor ETF during the 1st quarter valued at $44,000. AdvisorNet Financial Inc purchased a new position in shares of iShares High Yield Bond Factor ETF during the 4th quarter valued at $58,000. Creative Financial Designs Inc. ADV bought a new position in iShares High Yield Bond Factor ETF in the 4th quarter worth $61,000. Finally, Sunbelt Securities Inc. increased its stake 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 buying an additional 792 shares in the last quarter.

About iShares High Yield Bond Factor ETF

(Get Free Report)

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.