Dahring Cusmano LLC Makes New Investment in iShares High Yield Bond Factor ETF (BATS:HYDB)

Dahring Cusmano LLC purchased a new position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 166,356 shares of the company’s stock, valued at approximately $7,820,000. iShares High Yield Bond Factor ETF comprises 7.1% of Dahring Cusmano LLC’s holdings, making the stock its 5th biggest holding. Dahring Cusmano LLC owned approximately 1.35% of iShares High Yield Bond Factor ETF at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. SWAN Capital LLC acquired a new position in iShares High Yield Bond Factor ETF during the third quarter worth approximately $25,000. Retirement Wealth Solutions LLC acquired a new position in iShares High Yield Bond Factor ETF during the fourth quarter worth approximately $29,000. Synergy Asset Management LLC acquired a new position in iShares High Yield Bond Factor ETF during the fourth quarter worth approximately $37,000. Adirondack Trust Co. increased its position in 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 worth $41,000 after buying an additional 328 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its position 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 during the last quarter.

iShares High Yield Bond Factor ETF Price Performance

Shares of BATS HYDB opened at $47.52 on Friday. The business’s 50 day moving average price is $47.27 and its two-hundred day moving average price is $47.43. 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 company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given 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 was Monday, February 3rd.

About iShares High Yield Bond Factor ETF

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.