TFB Advisors LLC Takes Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

TFB Advisors LLC purchased a new position in iShares High Yield Bond Factor ETF (BATS:HYDB) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 6,979 shares of the company’s stock, valued at approximately $335,000.

Several other large investors also recently made changes to their positions in HYDB. Captrust Financial Advisors purchased a new stake in shares of iShares High Yield Bond Factor ETF in the first quarter worth approximately $28,429,000. State of New Jersey Common Pension Fund D raised its stake in iShares High Yield Bond Factor ETF by 102.6% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 1,013,120 shares of the company’s stock valued at $47,049,000 after acquiring an additional 513,120 shares during the period. Kestra Investment Management LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF during the 2nd quarter valued at approximately $14,412,000. Cetera Investment Advisers boosted its holdings in shares of iShares High Yield Bond Factor ETF by 386.9% in the first quarter. Cetera Investment Advisers now owns 201,213 shares of the company’s stock worth $9,401,000 after acquiring an additional 159,889 shares during the period. Finally, Synergy Asset Management LLC bought a new position in iShares High Yield Bond Factor ETF in the 2nd quarter worth about $6,082,000.

iShares High Yield Bond Factor ETF Trading Up 0.2 %

BATS HYDB opened at $47.77 on Friday. iShares High Yield Bond Factor ETF has a 1 year low of $49.60 and a 1 year high of $51.73. The company’s 50 day simple moving average is $47.59 and its two-hundred day simple moving average is $46.96.

iShares High Yield Bond Factor ETF Increases Dividend

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