International Assets Investment Management LLC Takes $6.08 Million Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

International Assets Investment Management LLC purchased a new position in iShares High Yield Bond Factor ETF (BATS:HYDB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 131,670 shares of the company’s stock, valued at approximately $6,083,000. International Assets Investment Management LLC owned 3.17% of iShares High Yield Bond Factor ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Column Capital Advisors LLC raised its stake in shares of iShares High Yield Bond Factor ETF by 5.1% in the third quarter. Column Capital Advisors LLC now owns 691,365 shares of the company’s stock worth $30,374,000 after buying an additional 33,395 shares during the period. IMA Wealth Inc. increased its stake in shares of iShares High Yield Bond Factor ETF by 0.6% in the third quarter. IMA Wealth Inc. now owns 252,798 shares of the company’s stock worth $11,106,000 after purchasing an additional 1,576 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its position in shares of iShares High Yield Bond Factor ETF by 7.3% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 182,153 shares of the company’s stock valued at $8,002,000 after purchasing an additional 12,370 shares during the period. Advisory Resource Group lifted its stake in shares of iShares High Yield Bond Factor ETF by 46.6% during the 4th quarter. Advisory Resource Group now owns 119,488 shares of the company’s stock valued at $5,520,000 after buying an additional 38,001 shares in the last quarter. Finally, Fermata Advisors LLC bought a new position in iShares High Yield Bond Factor ETF in the 3rd quarter worth $2,254,000.

iShares High Yield Bond Factor ETF Trading Up 0.1 %

Shares of HYDB stock opened at $46.54 on Wednesday. The stock has a fifty day simple moving average of $46.23 and a two-hundred day simple moving average of $45.83. iShares High Yield Bond Factor ETF has a 52-week low of $49.60 and a 52-week high of $51.73.

iShares High Yield Bond Factor ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a $0.3264 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is a boost from iShares High Yield Bond Factor ETF’s previous dividend of $0.29.

iShares High Yield Bond Factor ETF 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.