Kingsview Wealth Management LLC Purchases 217 Shares of iShares High Yield Bond Factor ETF (BATS:HYDB)

Kingsview Wealth Management LLC boosted its holdings in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 1.6% during the third quarter, Holdings Channel reports. The institutional investor owned 13,959 shares of the company’s stock after acquiring an additional 217 shares during the quarter. Kingsview Wealth Management LLC’s holdings in iShares High Yield Bond Factor ETF were worth $671,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. State of New Jersey Common Pension Fund D boosted its position 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 acquiring an additional 513,120 shares in the last quarter. Assetmark Inc. lifted its holdings in iShares High Yield Bond Factor ETF by 97.9% during the 3rd quarter. Assetmark Inc. now owns 591,870 shares of the company’s stock valued at $28,445,000 after purchasing an additional 292,788 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares High Yield Bond Factor ETF by 12.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 582,228 shares of the company’s stock worth $27,039,000 after acquiring an additional 64,834 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of iShares High Yield Bond Factor ETF by 58.1% in the 2nd quarter. Cetera Investment Advisers now owns 318,093 shares of the company’s stock worth $14,772,000 after acquiring an additional 116,880 shares in the last quarter. Finally, Kestra Investment Management LLC bought a new stake in iShares High Yield Bond Factor ETF during the 2nd quarter worth approximately $14,412,000.

iShares High Yield Bond Factor ETF Trading Up 0.3 %

Shares of HYDB opened at $47.84 on Thursday. The stock has a fifty day moving average price of $47.62 and a two-hundred day moving average price of $47.09. iShares High Yield Bond Factor ETF has a 52-week low of $49.60 and a 52-week high of $51.73.

iShares High Yield Bond Factor ETF Increases Dividend

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