Manning & Napier Advisors LLC Purchases Shares of 419,550 iShares High Yield Bond Factor ETF (BATS:HYDB)

Manning & Napier Advisors LLC acquired a new position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 419,550 shares of the company’s stock, valued at approximately $19,723,000. Manning & Napier Advisors LLC owned about 3.41% of iShares High Yield Bond Factor ETF as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. SWAN Capital LLC acquired a new position in iShares High Yield Bond Factor ETF during the 3rd quarter worth approximately $25,000. Retirement Wealth Solutions LLC purchased a new stake in iShares High Yield Bond Factor ETF during the 4th quarter worth $29,000. Concourse Financial Group Securities Inc. lifted its holdings in iShares High Yield Bond Factor ETF by 336.2% in the 3rd 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. Adirondack Trust Co. boosted its position in iShares High Yield Bond Factor ETF by 59.2% in the 4th quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock valued at $41,000 after buying an additional 328 shares during the last quarter. Finally, First Horizon Advisors Inc. grew its stake in shares of 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 valued at $43,000 after acquiring an additional 392 shares in the last quarter.

iShares High Yield Bond Factor ETF Trading Up 1.4 %

HYDB traded up $0.66 during trading on Wednesday, hitting $47.57. The company had a trading volume of 162,202 shares. iShares High Yield Bond Factor ETF has a 1-year low of $49.60 and a 1-year high of $51.73. The business has a 50-day moving average of $47.37 and a 200-day moving average of $47.37.

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.