Quadrant Private Wealth Management LLC Buys New Stake in iShares High Yield Bond Factor ETF (BATS:HYDB)

Quadrant Private Wealth Management LLC bought a new stake in iShares High Yield Bond Factor ETF (BATS:HYDB) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 11,237 shares of the company’s stock, valued at approximately $528,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. SWAN Capital LLC bought a new stake in iShares High Yield Bond Factor ETF in the third quarter worth $25,000. Retirement Wealth Solutions LLC bought a new stake in shares of iShares High Yield Bond Factor ETF during the fourth quarter worth $29,000. Concourse Financial Group Securities Inc. lifted its position 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 worth $36,000 after purchasing an additional 585 shares during the last quarter. Synergy Asset Management LLC bought a new stake in shares of iShares High Yield Bond Factor ETF in the fourth quarter valued at about $37,000. Finally, Adirondack Trust Co. raised its holdings 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 valued at $41,000 after acquiring an additional 328 shares in the last quarter.

iShares High Yield Bond Factor ETF Trading Up 1.3 %

HYDB opened at $47.52 on Friday. The business’s 50-day moving average is $47.29 and its two-hundred day moving average is $47.41. iShares High Yield Bond Factor ETF has a 1 year low of $49.60 and a 1 year high of $51.73.

iShares High Yield Bond Factor ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.2874 per share. This is a positive change from iShares High Yield Bond Factor ETF’s previous dividend of $0.28. The ex-dividend date of this dividend was 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.