Trek Financial LLC Buys New Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Trek Financial LLC purchased a new position in iShares High Yield Bond Factor ETF (BATS:HYDB) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 14,852 shares of the company’s stock, valued at approximately $698,000. Trek Financial LLC owned 0.12% of iShares High Yield Bond Factor ETF as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its stake in shares of iShares High Yield Bond Factor ETF by 366.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 2,680,702 shares of the company’s stock valued at $126,020,000 after purchasing an additional 2,105,824 shares during the period. LPL Financial LLC boosted its position in iShares High Yield Bond Factor ETF by 200.0% in the 4th quarter. LPL Financial LLC now owns 1,414,515 shares of the company’s stock valued at $66,496,000 after buying an additional 943,005 shares during the last quarter. State of New Jersey Common Pension Fund D grew its stake in shares of iShares High Yield Bond Factor ETF by 19.7% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 1,213,120 shares of the company’s stock valued at $57,029,000 after acquiring an additional 200,000 shares in the last quarter. Wealthspire Advisors LLC increased its position in shares of iShares High Yield Bond Factor ETF by 12.6% during the fourth quarter. Wealthspire Advisors LLC now owns 1,188,263 shares of the company’s stock worth $55,860,000 after acquiring an additional 133,293 shares during the last quarter. Finally, Kestra Investment Management LLC lifted its stake in shares of iShares High Yield Bond Factor ETF by 6.1% in the fourth quarter. Kestra Investment Management LLC now owns 458,093 shares of the company’s stock worth $21,535,000 after acquiring an additional 26,355 shares in the last quarter.

iShares High Yield Bond Factor ETF Stock Performance

Shares of BATS HYDB opened at $45.27 on Monday. iShares High Yield Bond Factor ETF has a fifty-two week low of $44.90 and a fifty-two week high of $48.10. The business has a 50 day moving average price of $47.29 and a two-hundred day moving average price of $47.41.

iShares High Yield Bond Factor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.234 dividend. The ex-dividend date of this dividend was Monday, March 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.