Merit Financial Group LLC Takes $339,000 Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Merit Financial Group LLC bought a new position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 7,204 shares of the company’s stock, valued at approximately $339,000. Merit Financial Group LLC owned approximately 0.06% of iShares High Yield Bond Factor ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kingsview Wealth Management LLC grew its holdings in shares of iShares High Yield Bond Factor ETF by 1.6% during the 3rd quarter. Kingsview Wealth Management LLC now owns 13,959 shares of the company’s stock worth $671,000 after purchasing an additional 217 shares in the last quarter. Ascent Group LLC lifted its position in 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 worth $215,000 after purchasing an additional 293 shares during the period. Glass Jacobson Investment Advisors llc boosted its stake in iShares High Yield Bond Factor ETF by 4.3% during the third quarter. Glass Jacobson Investment Advisors llc now owns 7,662 shares of the company’s stock worth $368,000 after buying an additional 316 shares in the last quarter. Rovin Capital UT ADV increased its holdings in iShares High Yield Bond Factor ETF by 1.7% in the 3rd quarter. Rovin Capital UT ADV now owns 22,356 shares of the company’s stock valued at $1,074,000 after buying an additional 378 shares during the period. Finally, MML Investors Services LLC raised its stake in shares of iShares High Yield Bond Factor ETF by 0.8% in the 3rd quarter. MML Investors Services LLC now owns 47,070 shares of the company’s stock valued at $2,262,000 after buying an additional 386 shares in the last quarter.

iShares High Yield Bond Factor ETF Trading Up 1.4 %

Shares of iShares High Yield Bond Factor ETF stock opened at $47.56 on Friday. The firm’s 50-day simple moving average is $47.37 and its 200-day simple moving average is $47.35. iShares High Yield Bond Factor ETF has a twelve month low of $49.60 and a twelve month high of $51.73.

iShares High Yield Bond Factor ETF 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.