Commonwealth Equity Services LLC Has $11.13 Million Stock Holdings in iShares High Yield Bond Factor ETF (BATS:HYDB)

Commonwealth Equity Services LLC raised its holdings in iShares High Yield Bond Factor ETF (BATS:HYDB) by 79.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 236,691 shares of the company’s stock after acquiring an additional 104,530 shares during the quarter. Commonwealth Equity Services LLC owned about 1.92% of iShares High Yield Bond Factor ETF worth $11,127,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in HYDB. Avantax Advisory Services Inc. raised its position in shares of iShares High Yield Bond Factor ETF by 102.1% in the fourth quarter. Avantax Advisory Services Inc. now owns 50,834 shares of the company’s stock valued at $2,390,000 after purchasing an additional 25,681 shares during the period. Liberty Wealth Management LLC bought a new position in shares of iShares High Yield Bond Factor ETF in the fourth quarter valued at approximately $291,000. Farther Finance Advisors LLC raised its position in shares of iShares High Yield Bond Factor ETF by 1,242.3% in the fourth quarter. Farther Finance Advisors LLC now owns 5,074 shares of the company’s stock valued at $239,000 after purchasing an additional 4,696 shares during the period. Summit X LLC raised its position in shares of iShares High Yield Bond Factor ETF by 57.4% in the fourth quarter. Summit X LLC now owns 68,036 shares of the company’s stock valued at $3,198,000 after purchasing an additional 24,811 shares during the period. Finally, HighTower Advisors LLC raised its position in shares of iShares High Yield Bond Factor ETF by 26.6% in the fourth quarter. HighTower Advisors LLC now owns 21,461 shares of the company’s stock valued at $1,009,000 after purchasing an additional 4,504 shares during the period.

iShares High Yield Bond Factor ETF Price Performance

BATS:HYDB opened at $47.09 on Wednesday. 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 50 day moving average is $47.36 and its 200-day moving average is $47.46.

iShares High Yield Bond Factor ETF Cuts Dividend

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