iShares High Yield Bond Factor ETF (BATS:HYDB) Hits New 12-Month Low at $47.57

iShares High Yield Bond Factor ETF (BATS:HYDB)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as $47.57 and last traded at $47.76, with a volume of 152836 shares traded. The stock had previously closed at $47.62.

iShares High Yield Bond Factor ETF Trading Up 0.1 %

The company’s 50-day simple moving average is $47.11 and its 200 day simple moving average is $46.60.

iShares High Yield Bond Factor ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.2779 per share. This is an increase from iShares High Yield Bond Factor ETF’s previous dividend of $0.28. The ex-dividend date was Tuesday, September 3rd.

Institutional Investors Weigh In On iShares High Yield Bond Factor ETF

A number of hedge funds have recently bought and sold shares of HYDB. Larson Financial Group LLC bought a new stake in shares of iShares High Yield Bond Factor ETF in the second quarter valued at about $25,000. Mather Group LLC. acquired a new position in iShares High Yield Bond Factor ETF in the first quarter worth about $44,000. Family Asset Management LLC acquired a new position in iShares High Yield Bond Factor ETF in the second quarter worth about $55,000. Sunbelt Securities Inc. raised its position in iShares High Yield Bond Factor ETF by 76.7% in the first quarter. Sunbelt Securities Inc. now owns 1,825 shares of the company’s stock worth $85,000 after purchasing an additional 792 shares in the last quarter. Finally, Geneos Wealth Management Inc. acquired a new position in iShares High Yield Bond Factor ETF in the first quarter worth about $98,000.

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.