419,550 Shares in iShares High Yield Bond Factor ETF (BATS:HYDB) Acquired by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC bought a new position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 419,550 shares of the company’s stock, valued at approximately $19,723,000.

A number of other large investors have also recently added to or reduced their stakes in HYDB. SWAN Capital LLC acquired a new stake in iShares High Yield Bond Factor ETF during the 3rd quarter worth about $25,000. Retirement Wealth Solutions LLC acquired a new stake in shares of iShares High Yield Bond Factor ETF during the fourth quarter valued at approximately $29,000. Concourse Financial Group Securities Inc. raised its holdings in shares of iShares High Yield Bond Factor ETF by 336.2% during the third quarter. Concourse Financial Group Securities Inc. now owns 759 shares of the company’s stock valued at $36,000 after acquiring an additional 585 shares during the period. Adirondack Trust Co. lifted its position in shares of iShares High Yield Bond Factor ETF by 59.2% in the 4th quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock valued at $41,000 after acquiring an additional 328 shares in the last quarter. Finally, First Horizon Advisors Inc. boosted its stake in iShares High Yield Bond Factor ETF by 76.4% in the 3rd quarter. First Horizon Advisors Inc. now owns 905 shares of the company’s stock worth $43,000 after purchasing an additional 392 shares during the period.

iShares High Yield Bond Factor ETF Price Performance

BATS:HYDB traded up $0.66 during trading hours on Wednesday, hitting $47.57. 162,202 shares of the stock traded hands. The firm has a 50 day moving average price of $47.37 and a 200 day moving average price of $47.37. iShares High Yield Bond Factor ETF has a fifty-two week low of $49.60 and a fifty-two week high of $51.73.

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.