iShares High Yield Bond Factor ETF (BATS:HYDB) Stake Raised by Cornerstone Planning Group LLC

Cornerstone Planning Group LLC grew its stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 2.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 307,970 shares of the company’s stock after purchasing an additional 6,509 shares during the period. iShares High Yield Bond Factor ETF makes up about 3.6% of Cornerstone Planning Group LLC’s holdings, making the stock its 7th largest position. Cornerstone Planning Group LLC owned about 2.50% of iShares High Yield Bond Factor ETF worth $14,666,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. SWAN Capital LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF during the 3rd quarter worth $25,000. Retirement Wealth Solutions LLC acquired a new position in shares of iShares High Yield Bond Factor ETF during the 4th quarter worth $29,000. Concourse Financial Group Securities Inc. raised its stake in shares of iShares High Yield Bond Factor ETF by 336.2% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 759 shares of the company’s stock worth $36,000 after buying an additional 585 shares during the last quarter. Synergy Asset Management LLC acquired a new position in shares of iShares High Yield Bond Factor ETF during the 4th quarter worth $37,000. Finally, Adirondack Trust Co. raised its stake in shares of iShares High Yield Bond Factor ETF by 59.2% during the 4th quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock worth $41,000 after buying an additional 328 shares during the last quarter.

iShares High Yield Bond Factor ETF Stock Up 0.8 %

BATS:HYDB opened at $47.27 on Monday. iShares High Yield Bond Factor ETF has a 52-week low of $49.60 and a 52-week high of $51.73. The stock has a fifty day simple moving average of $47.32 and a 200-day simple moving average of $47.40.

iShares High Yield Bond Factor ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.2874 per share. The ex-dividend date was Monday, February 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.