Aptus Capital Advisors LLC Trims Holdings in iShares High Yield Bond Factor ETF (BATS:HYDB)

Aptus Capital Advisors LLC reduced its stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 9.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,969 shares of the company’s stock after selling 327 shares during the period. Aptus Capital Advisors LLC’s holdings in iShares High Yield Bond Factor ETF were worth $138,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Captrust Financial Advisors purchased a new position in shares of iShares High Yield Bond Factor ETF during the 1st quarter worth about $28,429,000. IMA Advisory Services Inc. lifted its holdings in shares of iShares High Yield Bond Factor ETF by 1.2% during the 2nd quarter. IMA Advisory Services Inc. now owns 265,047 shares of the company’s stock worth $12,309,000 after acquiring an additional 3,032 shares during the period. IMA Wealth Inc. lifted its holdings in shares of iShares High Yield Bond Factor ETF by 4.3% during the 1st quarter. IMA Wealth Inc. now owns 262,015 shares of the company’s stock worth $12,241,000 after acquiring an additional 10,714 shares during the period. Cornerstone Planning Group LLC raised its holdings in iShares High Yield Bond Factor ETF by 12.6% in the first quarter. Cornerstone Planning Group LLC now owns 257,321 shares of the company’s stock valued at $11,945,000 after buying an additional 28,734 shares during the period. Finally, Hennion & Walsh Asset Management Inc. raised its holdings in iShares High Yield Bond Factor ETF by 19.1% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 231,521 shares of the company’s stock valued at $10,752,000 after buying an additional 37,107 shares during the period.

iShares High Yield Bond Factor ETF Stock Performance

BATS HYDB opened at $47.32 on Thursday. iShares High Yield Bond Factor ETF has a one year low of $49.60 and a one year high of $51.73. The company’s 50 day moving average price is $46.91 and its 200 day moving average price is $46.52.

iShares High Yield Bond Factor ETF Increases Dividend

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

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.