iShares High Yield Bond Factor ETF (BATS:HYDB) Sets New 12-Month Low at $46.63

Posted by Chris Copeland on Aug 14th, 2024

iShares High Yield Bond Factor ETF (BATS:HYDB – Get Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $46.63 and last traded at $46.65, with a volume of 102747 shares traded. The stock had previously closed at $46.65.

iShares High Yield Bond Factor ETF Price Performance

The company’s 50-day moving average price is $46.61 and its two-hundred day moving average price is $46.41.

iShares High Yield Bond Factor ETF Cuts Dividend

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

Institutional Trading of iShares High Yield Bond Factor ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Larson Financial Group LLC acquired a new position in shares of iShares High Yield Bond Factor ETF in the 2nd quarter valued at about $25,000. Mather Group LLC. bought a new position in shares of iShares High Yield Bond Factor ETF during the 1st quarter worth $44,000. Family Asset Management LLC bought a new stake in shares of iShares High Yield Bond Factor ETF in the second quarter valued at approximately $55,000. Sunbelt Securities Inc. lifted its position in shares of iShares High Yield Bond Factor ETF by 76.7% during the first quarter. Sunbelt Securities Inc. now owns 1,825 shares of the company’s stock worth $85,000 after acquiring an additional 792 shares in the last quarter. Finally, Geneos Wealth Management Inc. bought a new position in iShares High Yield Bond Factor ETF in the 1st quarter worth about $98,000.

iShares High Yield Bond Factor ETF Company Profile

(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.