Concourse Financial Group Securities Inc. Has $36,000 Stock Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Concourse Financial Group Securities Inc. lifted its holdings in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 336.2% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 759 shares of the company’s stock after buying an additional 585 shares during the period. Concourse Financial Group Securities Inc.’s holdings in iShares High Yield Bond Factor ETF were worth $36,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of HYDB. TL Private Wealth increased its holdings in iShares High Yield Bond Factor ETF by 6.3% in the 3rd quarter. TL Private Wealth now owns 196,350 shares of the company’s stock worth $9,305,000 after purchasing an additional 11,659 shares in the last quarter. CWM LLC increased its holdings in iShares High Yield Bond Factor ETF by 3.1% in the 3rd quarter. CWM LLC now owns 89,460 shares of the company’s stock worth $4,299,000 after purchasing an additional 2,719 shares in the last quarter. Atomi Financial Group Inc. increased its holdings in iShares High Yield Bond Factor ETF by 49.6% in the 3rd quarter. Atomi Financial Group Inc. now owns 116,700 shares of the company’s stock worth $5,609,000 after purchasing an additional 38,670 shares in the last quarter. Insight Wealth Strategies LLC increased its holdings in iShares High Yield Bond Factor ETF by 58.8% in the 3rd quarter. Insight Wealth Strategies LLC now owns 110,976 shares of the company’s stock worth $5,334,000 after purchasing an additional 41,075 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC increased its holdings in iShares High Yield Bond Factor ETF by 98.3% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 25,640 shares of the company’s stock worth $1,232,000 after purchasing an additional 12,712 shares in the last quarter.

iShares High Yield Bond Factor ETF Stock Down 0.1 %

Shares of HYDB opened at $47.49 on Wednesday. The business has a 50-day simple moving average of $47.58 and a two-hundred day simple moving average of $46.84. iShares High Yield Bond Factor ETF has a 12-month low of $49.60 and a 12-month high of $51.73.

iShares High Yield Bond Factor ETF Increases Dividend

The business 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. 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.

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.