6,029 Shares in iShares High Yield Bond Factor ETF (BATS:HYDB) Bought by Meridian Wealth Management LLC

Meridian Wealth Management LLC purchased a new position in iShares High Yield Bond Factor ETF (BATS:HYDB) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 6,029 shares of the company’s stock, valued at approximately $290,000.

A number of other institutional investors and hedge funds have also bought and sold shares of HYDB. Bank of New York Mellon Corp lifted its holdings in shares of iShares High Yield Bond Factor ETF by 3.2% in the second quarter. Bank of New York Mellon Corp now owns 9,273 shares of the company’s stock worth $431,000 after buying an additional 285 shares in the last quarter. Ascent Group LLC increased its holdings in iShares High Yield Bond Factor ETF by 6.8% in the 2nd quarter. Ascent Group LLC now owns 4,622 shares of the company’s stock valued at $215,000 after acquiring an additional 293 shares during the last quarter. Rovin Capital UT ADV lifted its stake in 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 purchasing an additional 378 shares in the last quarter. First Horizon Advisors Inc. boosted its holdings in shares of iShares High Yield Bond Factor ETF by 76.4% during the 3rd quarter. First Horizon Advisors Inc. now owns 905 shares of the company’s stock valued at $43,000 after purchasing an additional 392 shares during the last quarter. Finally, Watershed Private Wealth LLC grew its position in shares of iShares High Yield Bond Factor ETF by 5.5% during the second quarter. Watershed Private Wealth LLC now owns 9,186 shares of the company’s stock valued at $427,000 after purchasing an additional 478 shares in the last quarter.

iShares High Yield Bond Factor ETF Trading Up 0.5 %

BATS:HYDB opened at $47.80 on Tuesday. The business’s 50-day moving average is $47.62 and its 200 day moving average is $47.07. 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 company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders 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.

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.