iShares High Yield Bond Factor ETF (BATS:HYDB) Shares Acquired by Bank of America Corp DE

Bank of America Corp DE boosted its position in iShares High Yield Bond Factor ETF (BATS:HYDB) by 228.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 493,909 shares of the company’s stock after purchasing an additional 343,498 shares during the quarter. Bank of America Corp DE owned about 4.02% of iShares High Yield Bond Factor ETF worth $23,219,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HYDB. Envestnet Asset Management Inc. lifted its position in iShares High Yield Bond Factor ETF by 366.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 2,680,702 shares of the company’s stock worth $126,020,000 after buying an additional 2,105,824 shares during the period. LPL Financial LLC increased its stake in shares of iShares High Yield Bond Factor ETF by 200.0% during the 4th quarter. LPL Financial LLC now owns 1,414,515 shares of the company’s stock valued at $66,496,000 after acquiring an additional 943,005 shares during the last quarter. IHT Wealth Management LLC purchased a new position in shares of iShares High Yield Bond Factor ETF during the 4th quarter worth about $24,392,000. Manning & Napier Advisors LLC acquired a new stake in shares of iShares High Yield Bond Factor ETF in the fourth quarter worth approximately $19,723,000. Finally, Ameriprise Financial Inc. grew its holdings in iShares High Yield Bond Factor ETF by 129.0% in the fourth quarter. Ameriprise Financial Inc. now owns 676,319 shares of the company’s stock valued at $31,793,000 after purchasing an additional 381,021 shares during the period.

iShares High Yield Bond Factor ETF Stock Down 0.1%

BATS:HYDB opened at $46.85 on Monday. The firm’s 50 day moving average is $46.31 and its two-hundred day moving average is $47.03. iShares High Yield Bond Factor ETF has a fifty-two week low of $44.04 and a fifty-two week high of $48.10.

iShares High Yield Bond Factor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.234 per share. The ex-dividend date of this dividend was Monday, March 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.