Park Place Capital Corp Has $47,000 Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Park Place Capital Corp reduced its stake in iShares High Yield Bond Factor ETF (BATS:HYDB) by 72.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,004 shares of the company’s stock after selling 2,664 shares during the period. Park Place Capital Corp’s holdings in iShares High Yield Bond Factor ETF were worth $47,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. BKM Wealth Management LLC acquired a new stake in iShares High Yield Bond Factor ETF during the 4th quarter worth approximately $33,000. Mather Group LLC. acquired a new stake in iShares High Yield Bond Factor ETF during the 1st quarter worth approximately $44,000. AdvisorNet Financial Inc acquired a new stake in iShares High Yield Bond Factor ETF during the 4th quarter worth approximately $58,000. Creative Financial Designs Inc. ADV acquired a new stake in iShares High Yield Bond Factor ETF during the 4th quarter worth approximately $61,000. Finally, Sunbelt Securities Inc. boosted its position in iShares High Yield Bond Factor ETF by 76.7% during the 1st quarter. Sunbelt Securities Inc. now owns 1,825 shares of the company’s stock worth $85,000 after buying an additional 792 shares during the period.

iShares High Yield Bond Factor ETF Stock Performance

Shares of BATS HYDB opened at $46.16 on Tuesday. iShares High Yield Bond Factor ETF has a 52-week low of $49.60 and a 52-week high of $51.73. The company’s 50 day moving average price is $46.37 and its 200-day moving average price is $46.30.

iShares High Yield Bond Factor ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be given a $0.275 dividend. The ex-dividend date is Monday, July 1st.

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.