International Assets Investment Management LLC Makes New Investment in iShares High Yield Bond Factor ETF (BATS:HYDB)

International Assets Investment Management LLC acquired a new stake in iShares High Yield Bond Factor ETF (BATS:HYDB) during the fourth quarter, HoldingsChannel reports. The firm acquired 131,670 shares of the company’s stock, valued at approximately $6,083,000.

A number of other hedge funds have also made changes to their positions in HYDB. Fermata Advisors LLC acquired a new position in iShares High Yield Bond Factor ETF in the third quarter valued at approximately $2,254,000. Advisory Resource Group boosted its holdings in shares of iShares High Yield Bond Factor ETF by 46.6% in the 4th quarter. Advisory Resource Group now owns 119,488 shares of the company’s stock valued at $5,520,000 after buying an additional 38,001 shares in the last quarter. Column Capital Advisors LLC grew its position in shares of iShares High Yield Bond Factor ETF by 5.1% in the 3rd quarter. Column Capital Advisors LLC now owns 691,365 shares of the company’s stock valued at $30,374,000 after buying an additional 33,395 shares during the last quarter. FFG Retirement Advisors LLC acquired a new stake in iShares High Yield Bond Factor ETF during the 4th quarter worth $870,000. Finally, Wealthsource Partners LLC purchased a new stake in iShares High Yield Bond Factor ETF in the fourth quarter valued at $756,000.

iShares High Yield Bond Factor ETF Stock Up 0.1 %

Shares of HYDB stock opened at $46.54 on Wednesday. The stock’s 50-day moving average is $46.23 and its two-hundred day moving average is $45.83. iShares High Yield Bond Factor ETF has a 1 year low of $49.60 and a 1 year high of $51.73.

iShares High Yield Bond Factor ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.3264 per share. The ex-dividend date was Monday, April 1st. This is an increase from iShares High Yield Bond Factor ETF’s previous dividend of $0.29.

iShares High Yield Bond Factor ETF Company 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.