Tidemark LLC Acquires New Shares in iShares High Yield Bond Factor ETF (BATS:HYDB)

Tidemark LLC acquired a new position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,106 shares of the company’s stock, valued at approximately $99,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. State of New Jersey Common Pension Fund D raised its position in shares of iShares High Yield Bond Factor ETF by 19.7% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 1,213,120 shares of the company’s stock worth $57,029,000 after purchasing an additional 200,000 shares during the period. Wealthspire Advisors LLC raised its holdings in iShares High Yield Bond Factor ETF by 12.6% during the 4th quarter. Wealthspire Advisors LLC now owns 1,188,263 shares of the company’s stock worth $55,860,000 after buying an additional 133,293 shares during the period. Kestra Investment Management LLC lifted its stake in iShares High Yield Bond Factor ETF by 6.1% in the fourth quarter. Kestra Investment Management LLC now owns 458,093 shares of the company’s stock valued at $21,535,000 after buying an additional 26,355 shares in the last quarter. Manning & Napier Advisors LLC acquired a new position in shares of iShares High Yield Bond Factor ETF in the fourth quarter valued at approximately $19,723,000. Finally, Cornerstone Planning Group LLC increased its position in shares of iShares High Yield Bond Factor ETF by 2.2% during the fourth quarter. Cornerstone Planning Group LLC now owns 307,970 shares of the company’s stock worth $14,666,000 after acquiring an additional 6,509 shares in the last quarter.

iShares High Yield Bond Factor ETF Stock Performance

Shares of BATS:HYDB opened at $47.04 on Friday. iShares High Yield Bond Factor ETF has a 12 month low of $45.51 and a 12 month high of $48.10. The company’s fifty day simple moving average is $47.37 and its 200 day simple moving average is $47.47.

iShares High Yield Bond Factor ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.234 dividend. 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.