iShares High Yield Bond Factor ETF (BATS:HYDB) Shares Acquired by Summit Wealth Partners LLC

Summit Wealth Partners LLC lifted its position in iShares High Yield Bond Factor ETF (BATS:HYDB) by 48.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,537 shares of the company’s stock after purchasing an additional 3,441 shares during the period. Summit Wealth Partners LLC owned about 0.09% of iShares High Yield Bond Factor ETF worth $489,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HYDB. Captrust Financial Advisors acquired a new stake in shares of iShares High Yield Bond Factor ETF during the 1st quarter valued at about $28,429,000. State of New Jersey Common Pension Fund D lifted its holdings in iShares High Yield Bond Factor ETF by 102.6% during the second 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 purchasing an additional 513,120 shares in the last quarter. Kestra Investment Management LLC purchased a new position in iShares High Yield Bond Factor ETF during the second quarter valued at $14,412,000. Arden Trust Co acquired a new stake in shares of iShares High Yield Bond Factor ETF in the first quarter valued at about $9,199,000. Finally, Cetera Investment Advisers increased its stake in shares of iShares High Yield Bond Factor ETF by 386.9% during the first quarter. Cetera Investment Advisers now owns 201,213 shares of the company’s stock worth $9,401,000 after purchasing an additional 159,889 shares in the last quarter.

iShares High Yield Bond Factor ETF Stock Performance

HYDB opened at $47.77 on Wednesday. iShares High Yield Bond Factor ETF has a twelve month low of $49.60 and a twelve month high of $51.73. The company has a 50-day moving average price of $47.31 and a 200 day moving average price of $46.71.

iShares High Yield Bond Factor ETF Increases Dividend

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

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.