iShares High Yield Bond Factor ETF (BATS:HYDB) is Cottonwood Capital Advisors LLC’s 8th Largest Position

Cottonwood Capital Advisors LLC lifted its stake in iShares High Yield Bond Factor ETF (BATS:HYDB) by 63.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 83,110 shares of the company’s stock after buying an additional 32,179 shares during the period. iShares High Yield Bond Factor ETF makes up approximately 2.9% of Cottonwood Capital Advisors LLC’s holdings, making the stock its 8th largest holding. Cottonwood Capital Advisors LLC owned about 0.68% of iShares High Yield Bond Factor ETF worth $3,994,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of HYDB. Larson Financial Group LLC bought a new stake in shares of iShares High Yield Bond Factor ETF in the 2nd quarter worth approximately $25,000. Concourse Financial Group Securities Inc. lifted its stake in shares of iShares High Yield Bond Factor ETF by 336.2% in the third quarter. Concourse Financial Group Securities Inc. now owns 759 shares of the company’s stock worth $36,000 after buying an additional 585 shares in the last quarter. Family Asset Management LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF during the second quarter valued at approximately $55,000. Mather Group LLC. increased its position in shares of iShares High Yield Bond Factor ETF by 120.3% during the second quarter. Mather Group LLC. now owns 2,082 shares of the company’s stock valued at $97,000 after acquiring an additional 1,137 shares in the last quarter. Finally, Comerica Bank raised its holdings in iShares High Yield Bond Factor ETF by 417.4% in the 1st quarter. Comerica Bank now owns 2,856 shares of the company’s stock worth $133,000 after acquiring an additional 2,304 shares during the last quarter.

iShares High Yield Bond Factor ETF Trading Up 0.2 %

Shares of HYDB opened at $47.78 on Monday. The business’s fifty day simple moving average is $47.59 and its two-hundred day simple moving average is $46.97. iShares High Yield Bond Factor ETF has a 12 month low of $49.60 and a 12 month high of $51.73.

iShares High Yield Bond Factor ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.2779 dividend. This is a positive change from iShares High Yield Bond Factor ETF’s previous dividend of $0.28. The ex-dividend date was Tuesday, September 3rd.

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.