iShares High Yield Bond Factor ETF (BATS:HYDB) Shares Bought by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. raised its holdings in iShares High Yield Bond Factor ETF (BATS:HYDB) by 17.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 194,414 shares of the company’s stock after acquiring an additional 28,573 shares during the quarter. iShares High Yield Bond Factor ETF accounts for about 0.5% of Hennion & Walsh Asset Management Inc.’s holdings, making the stock its 28th biggest position. Hennion & Walsh Asset Management Inc. owned about 4.68% of iShares High Yield Bond Factor ETF worth $9,083,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Envestnet Portfolio Solutions Inc. purchased a new position in shares of iShares High Yield Bond Factor ETF in the third quarter valued at $238,000. IMA Wealth Inc. increased its position in shares of iShares High Yield Bond Factor ETF by 0.6% in the third quarter. IMA Wealth Inc. now owns 252,798 shares of the company’s stock valued at $11,106,000 after buying an additional 1,576 shares in the last quarter. Capital Investment Advisors LLC purchased a new position in shares of iShares High Yield Bond Factor ETF in the fourth quarter valued at $255,000. Creative Financial Designs Inc. ADV purchased a new position in shares of iShares High Yield Bond Factor ETF in the fourth quarter valued at $61,000. Finally, BKM Wealth Management LLC purchased a new position in shares of iShares High Yield Bond Factor ETF in the fourth quarter valued at $33,000.

iShares High Yield Bond Factor ETF Trading Down 0.1 %

Shares of HYDB stock traded down $0.05 during mid-day trading on Friday, reaching $46.44. The stock had a trading volume of 294,235 shares. iShares High Yield Bond Factor ETF has a 12-month low of $49.60 and a 12-month high of $51.73. The business has a 50-day simple moving average of $46.37 and a 200 day simple moving average of $46.29.

iShares High Yield Bond Factor ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were given a $0.2885 dividend. The ex-dividend date of this dividend was Monday, June 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.