Braun Bostich & Associates Inc. Acquires Shares of 10,023 iShares High Yield Bond Factor ETF (BATS:HYDB)

Braun Bostich & Associates Inc. bought a new position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 10,023 shares of the company’s stock, valued at approximately $471,000.

Several other large investors also recently modified their holdings of HYDB. SWAN Capital LLC purchased a new position in iShares High Yield Bond Factor ETF during the 3rd quarter valued at $25,000. Retirement Wealth Solutions LLC bought a new stake in shares of iShares High Yield Bond Factor ETF during the 4th quarter valued at about $29,000. Concourse Financial Group Securities Inc. boosted its stake in shares of iShares High Yield Bond Factor ETF by 336.2% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 759 shares of the company’s stock valued at $36,000 after purchasing an additional 585 shares in the last quarter. First Horizon Advisors Inc. increased its position in shares of iShares High Yield Bond Factor ETF by 76.4% during the third quarter. First Horizon Advisors Inc. now owns 905 shares of the company’s stock valued at $43,000 after buying an additional 392 shares during the period. Finally, Mather Group LLC. raised its stake in iShares High Yield Bond Factor ETF by 56.3% in the third quarter. Mather Group LLC. now owns 3,254 shares of the company’s stock worth $156,000 after buying an additional 1,172 shares in the last quarter.

iShares High Yield Bond Factor ETF Stock Up 1.4 %

iShares High Yield Bond Factor ETF stock opened at $47.55 on Wednesday. iShares High Yield Bond Factor ETF has a fifty-two week low of $49.60 and a fifty-two week high of $51.73. The stock’s 50 day simple moving average is $47.37 and its two-hundred day simple moving average is $47.34.

iShares High Yield Bond Factor ETF 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.