iShares High Yield Bond Factor ETF (BATS:HYDB) Shares Bought by GM Advisory Group LLC

GM Advisory Group LLC grew its position in iShares High Yield Bond Factor ETF (BATS:HYDB) by 318.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 86,208 shares of the company’s stock after purchasing an additional 65,585 shares during the period. GM Advisory Group LLC owned approximately 0.70% of iShares High Yield Bond Factor ETF worth $4,003,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of HYDB. Mercer Global Advisors Inc. ADV purchased a new stake in shares of iShares High Yield Bond Factor ETF in the 2nd quarter valued at $746,000. J.W. Cole Advisors Inc. purchased a new stake in iShares High Yield Bond Factor ETF in the second quarter valued at $950,000. Envestnet Asset Management Inc. boosted its holdings in iShares High Yield Bond Factor ETF by 12.5% in the second quarter. Envestnet Asset Management Inc. now owns 582,228 shares of the company’s stock valued at $27,039,000 after purchasing an additional 64,834 shares during the last quarter. Wealthspire Advisors LLC grew its position in iShares High Yield Bond Factor ETF by 145.3% during the 2nd quarter. Wealthspire Advisors LLC now owns 103,874 shares of the company’s stock worth $4,824,000 after purchasing an additional 61,531 shares during the period. Finally, State of New Jersey Common Pension Fund D raised its stake in shares of iShares High Yield Bond Factor ETF by 102.6% during the 2nd 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 buying an additional 513,120 shares during the last quarter.

iShares High Yield Bond Factor ETF Price Performance

Shares of HYDB stock opened at $48.04 on Friday. iShares High Yield Bond Factor ETF has a 52-week low of $49.60 and a 52-week high of $51.73. The business has a 50-day simple moving average of $47.16 and a 200-day simple moving average of $46.62.

iShares High Yield Bond Factor ETF Increases Dividend

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

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.