Cyndeo Wealth Partners LLC Acquires New Stake in iShares High Yield Bond Factor ETF (BATS:HYDB)

Cyndeo Wealth Partners LLC acquired a new stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) during the fourth quarter, Holdings Channel reports. The firm acquired 5,773 shares of the company’s stock, valued at approximately $271,000.

Other hedge funds have also made changes to their positions in the company. SWAN Capital LLC acquired a new position in shares of iShares High Yield Bond Factor ETF during the third quarter valued at approximately $25,000. Retirement Wealth Solutions LLC acquired a new position in shares of iShares High Yield Bond Factor ETF during the fourth quarter valued at approximately $29,000. Concourse Financial Group Securities Inc. increased its stake 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. increased its stake in shares of iShares High Yield Bond Factor ETF by 59.2% during the fourth quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock valued at $41,000 after acquiring an additional 328 shares during the period. Finally, First Horizon Advisors Inc. boosted its holdings in iShares High Yield Bond Factor ETF by 76.4% during the third quarter. First Horizon Advisors Inc. now owns 905 shares of the company’s stock worth $43,000 after buying an additional 392 shares in the last quarter.

iShares High Yield Bond Factor ETF Stock Performance

Shares of BATS:HYDB opened at $47.56 on Monday. iShares High Yield Bond Factor ETF has a 1-year low of $49.60 and a 1-year high of $51.73. The company has a 50 day moving average price of $47.37 and a 200 day moving average price of $47.36.

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.