Bank of New York Mellon Corp Has $5.21 Million Stock Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Bank of New York Mellon Corp raised its position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 1,022.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 110,878 shares of the company’s stock after buying an additional 101,002 shares during the quarter. Bank of New York Mellon Corp owned 0.90% of iShares High Yield Bond Factor ETF worth $5,212,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in HYDB. Opus Capital Group LLC lifted its stake in iShares High Yield Bond Factor ETF by 4.3% in the 4th quarter. Opus Capital Group LLC now owns 5,157 shares of the company’s stock worth $242,000 after acquiring an additional 211 shares in the last quarter. Kingsview Wealth Management LLC lifted its position in shares of iShares High Yield Bond Factor ETF by 1.6% in the third 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. Glass Jacobson Investment Advisors llc grew its position 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 valued at $368,000 after purchasing an additional 316 shares in the last quarter. Adirondack Trust Co. grew its position in iShares High Yield Bond Factor ETF by 59.2% during the fourth quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock valued at $41,000 after purchasing an additional 328 shares in the last quarter. Finally, MML Investors Services LLC lifted its position in 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 worth $2,262,000 after buying an additional 386 shares in the last quarter.

iShares High Yield Bond Factor ETF Stock Up 0.5 %

HYDB opened at $47.16 on Tuesday. iShares High Yield Bond Factor ETF has a fifty-two week low of $45.51 and a fifty-two week high of $48.10. The business has a 50-day moving average of $47.37 and a 200-day moving average of $47.47.

iShares High Yield Bond Factor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.234 per share. The ex-dividend date was Monday, March 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.