Tennessee Valley Asset Management Partners Sells 497 Shares of iShares High Yield Bond Factor ETF (BATS:HYDB)

Tennessee Valley Asset Management Partners trimmed its holdings in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 5.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,654 shares of the company’s stock after selling 497 shares during the quarter. Tennessee Valley Asset Management Partners’ holdings in iShares High Yield Bond Factor ETF were worth $407,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of HYDB. Kingsview Wealth Management LLC grew its stake in iShares High Yield Bond Factor ETF by 1.6% during 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 during the period. Ascent Group LLC increased its holdings in iShares High Yield Bond Factor ETF by 6.8% during the 2nd quarter. Ascent Group LLC now owns 4,622 shares of the company’s stock worth $215,000 after purchasing an additional 293 shares in the last quarter. Glass Jacobson Investment Advisors llc lifted its stake in iShares High Yield Bond Factor ETF by 4.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 7,662 shares of the company’s stock valued at $368,000 after acquiring an additional 316 shares in the last quarter. Adirondack Trust Co. lifted its position in shares of 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, Rovin Capital UT ADV boosted its stake in shares of 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 worth $1,074,000 after buying an additional 378 shares during the last quarter.

iShares High Yield Bond Factor ETF Trading Up 1.4 %

HYDB opened at $47.56 on Monday. The company’s 50-day moving average price is $47.37 and its two-hundred day moving average price is $47.36. iShares High Yield Bond Factor ETF has a twelve month low of $49.60 and a twelve month high of $51.73.

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.