AE Wealth Management LLC Decreases Holdings in iShares High Yield Bond Factor ETF (BATS:HYDB)

AE Wealth Management LLC cut its holdings in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 24.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,136 shares of the company’s stock after selling 1,678 shares during the quarter. AE Wealth Management LLC’s holdings in iShares High Yield Bond Factor ETF were worth $239,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. State of New Jersey Common Pension Fund D increased its stake in shares of iShares High Yield Bond Factor ETF by 102.6% in the second quarter. State of New Jersey Common Pension Fund D now owns 1,013,120 shares of the company’s stock worth $47,049,000 after buying an additional 513,120 shares during the period. Captrust Financial Advisors purchased a new position in shares of iShares High Yield Bond Factor ETF in the first quarter worth $28,429,000. Envestnet Asset Management Inc. increased its stake in shares of 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 worth $27,039,000 after buying an additional 64,834 shares during the period. IMA Advisory Services Inc. increased its stake in shares of iShares High Yield Bond Factor ETF by 1.2% in the second quarter. IMA Advisory Services Inc. now owns 265,047 shares of the company’s stock worth $12,309,000 after buying an additional 3,032 shares during the period. Finally, Cornerstone Planning Group LLC increased its stake in shares of iShares High Yield Bond Factor ETF by 12.6% in the first quarter. Cornerstone Planning Group LLC now owns 257,321 shares of the company’s stock worth $11,945,000 after buying an additional 28,734 shares during the period.

iShares High Yield Bond Factor ETF Price Performance

Shares of iShares High Yield Bond Factor ETF stock opened at $48.03 on Friday. The company’s fifty day simple moving average is $47.29 and its two-hundred day simple moving average is $46.69. 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 disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.2779 per share. This is an increase from iShares High Yield Bond Factor ETF’s previous dividend of $0.28. The ex-dividend date was Tuesday, September 3rd.

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.