West Wealth Group LLC Takes Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

West Wealth Group LLC purchased a new position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) during the fourth quarter, Holdings Channel reports. The firm purchased 7,826 shares of the company’s stock, valued at approximately $368,000.

Other institutional investors have also added to or reduced their stakes in the company. SWAN Capital LLC bought a new position in iShares High Yield Bond Factor ETF during the third quarter worth $25,000. Retirement Wealth Solutions LLC bought a new position in shares of iShares High Yield Bond Factor ETF during the fourth quarter valued at about $29,000. Concourse Financial Group Securities Inc. lifted its holdings in 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 acquiring an additional 585 shares during the period. Adirondack Trust Co. raised its stake in shares of iShares High Yield Bond Factor ETF by 59.2% during the 4th quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock worth $41,000 after purchasing an additional 328 shares during the period. Finally, First Horizon Advisors Inc. boosted its stake in iShares High Yield Bond Factor ETF by 76.4% in the third quarter. First Horizon Advisors Inc. now owns 905 shares of the company’s stock valued at $43,000 after acquiring an additional 392 shares during the last quarter.

iShares High Yield Bond Factor ETF Trading Up 1.4 %

HYDB stock opened at $47.56 on Monday. The stock has a fifty day moving average of $47.37 and a 200-day moving average of $47.36. iShares High Yield Bond Factor ETF has a fifty-two week low of $49.60 and a fifty-two week high of $51.73.

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.