iShares High Yield Bond Factor ETF (BATS:HYDB) Reaches New 52-Week Low – Here’s What Happened

iShares High Yield Bond Factor ETF (BATS:HYDB) reached a new 52-week low on Monday . The stock traded as low as $47.48 and last traded at $47.59, with a volume of 163218 shares trading hands. The stock had previously closed at $47.48.

iShares High Yield Bond Factor ETF Trading Up 0.2 %

The business has a 50-day simple moving average of $47.58 and a 200-day simple moving average of $47.20.

Institutional Trading of iShares High Yield Bond Factor ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Kingsview Wealth Management LLC raised its holdings in shares of iShares High Yield Bond Factor ETF by 1.6% in the 3rd quarter. Kingsview Wealth Management LLC now owns 13,959 shares of the company’s stock valued at $671,000 after purchasing an additional 217 shares during the period. Bank of New York Mellon Corp raised its stake in iShares High Yield Bond Factor ETF by 3.2% in the second quarter. Bank of New York Mellon Corp now owns 9,273 shares of the company’s stock valued at $431,000 after buying an additional 285 shares during the period. Ascent Group LLC lifted its position in shares of iShares High Yield Bond Factor ETF by 6.8% in the second quarter. Ascent Group LLC now owns 4,622 shares of the company’s stock valued at $215,000 after buying an additional 293 shares during the last quarter. Glass Jacobson Investment Advisors llc boosted its stake in shares of iShares High Yield Bond Factor ETF by 4.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 7,662 shares of the company’s stock worth $368,000 after acquiring an additional 316 shares during the period. Finally, Rovin Capital UT ADV increased its holdings in shares of iShares High Yield Bond Factor ETF by 1.7% during the 3rd quarter. Rovin Capital UT ADV now owns 22,356 shares of the company’s stock worth $1,074,000 after acquiring an additional 378 shares during the last quarter.

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.