Avantax Advisory Services Inc. Purchases 25,681 Shares of iShares High Yield Bond Factor ETF (BATS:HYDB)

Avantax Advisory Services Inc. lifted its position in iShares High Yield Bond Factor ETF (BATS:HYDB) by 102.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,834 shares of the company’s stock after acquiring an additional 25,681 shares during the quarter. Avantax Advisory Services Inc. owned 0.41% of iShares High Yield Bond Factor ETF worth $2,390,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. SWAN Capital LLC bought a new stake in shares of iShares High Yield Bond Factor ETF in the third quarter valued at about $25,000. Retirement Wealth Solutions LLC purchased a new position in iShares High Yield Bond Factor ETF in the fourth quarter valued at about $29,000. Synergy Asset Management LLC purchased a new position in iShares High Yield Bond Factor ETF in the fourth quarter valued at about $37,000. Adirondack Trust Co. grew its stake in iShares High Yield Bond Factor ETF by 59.2% in the fourth quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock valued at $41,000 after purchasing an additional 328 shares during the last quarter. Finally, First Horizon Advisors Inc. grew its stake in iShares High Yield Bond Factor ETF by 76.4% in the third quarter. First Horizon Advisors Inc. now owns 905 shares of the company’s stock valued at $43,000 after purchasing an additional 392 shares during the last quarter.

iShares High Yield Bond Factor ETF Trading Up 0.3 %

HYDB opened at $47.04 on Monday. The business’s 50-day moving average is $47.37 and its two-hundred day moving average is $47.47. iShares High Yield Bond Factor ETF has a 1 year low of $45.51 and a 1 year high of $48.10.

iShares High Yield Bond Factor ETF Cuts Dividend

The business also recently announced 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.

iShares High Yield Bond Factor ETF Company Profile

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.