Beacon Financial Planning Inc. Buys Shares of 12,170 iShares High Yield Bond Factor ETF (BATS:HYDB)

Beacon Financial Planning Inc. bought a new position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,170 shares of the company’s stock, valued at approximately $572,000. Beacon Financial Planning Inc. owned approximately 0.10% of iShares High Yield Bond Factor ETF at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in HYDB. Kingsview Wealth Management LLC lifted its stake in iShares High Yield Bond Factor ETF by 1.6% in the 3rd quarter. Kingsview Wealth Management LLC now owns 13,959 shares of the company’s stock worth $671,000 after purchasing an additional 217 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its position in shares of iShares High Yield Bond Factor ETF by 4.3% in the third quarter. Glass Jacobson Investment Advisors llc now owns 7,662 shares of the company’s stock worth $368,000 after buying an additional 316 shares in the last quarter. Adirondack Trust Co. raised its position in shares of 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 worth $41,000 after buying an additional 328 shares in the last quarter. Rovin Capital UT ADV boosted its stake in iShares High Yield Bond Factor ETF by 1.7% during the third quarter. Rovin Capital UT ADV now owns 22,356 shares of the company’s stock valued at $1,074,000 after buying an additional 378 shares during the period. Finally, MML Investors Services LLC grew its position in iShares High Yield Bond Factor ETF by 0.8% during the third quarter. MML Investors Services LLC now owns 47,070 shares of the company’s stock worth $2,262,000 after buying an additional 386 shares in the last quarter.

iShares High Yield Bond Factor ETF Stock Performance

Shares of BATS HYDB opened at $47.33 on Wednesday. The stock’s 50-day simple moving average is $47.35 and its two-hundred day simple moving average is $47.39. iShares High Yield Bond Factor ETF has a twelve month low of $49.60 and a twelve month high of $51.73.

iShares High Yield Bond Factor ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be paid a $0.2874 dividend. This is an increase from iShares High Yield Bond Factor ETF’s previous dividend of $0.28. The ex-dividend date of this dividend is Monday, February 3rd.

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.