5T Wealth LLC Makes New Investment in iShares High Yield Bond Factor ETF (BATS:HYDB)

5T Wealth LLC bought a new stake in iShares High Yield Bond Factor ETF (BATS:HYDB) in the 4th quarter, Holdings Channel reports. The fund bought 12,145 shares of the company’s stock, valued at approximately $571,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. SWAN Capital LLC acquired a new stake in shares of iShares High Yield Bond Factor ETF during the third quarter worth $25,000. Retirement Wealth Solutions LLC acquired a new position in iShares High Yield Bond Factor ETF during the 4th quarter valued at about $29,000. Concourse Financial Group Securities Inc. increased its stake in 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 buying an additional 585 shares during the period. Synergy Asset Management LLC bought a new position in shares of iShares High Yield Bond Factor ETF during the 4th quarter valued at about $37,000. Finally, Adirondack Trust Co. boosted its position in shares of iShares High Yield Bond Factor ETF by 59.2% during the 4th quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock valued at $41,000 after purchasing an additional 328 shares in the last quarter.

iShares High Yield Bond Factor ETF Trading Up 1.3 %

Shares of HYDB opened at $47.52 on Monday. iShares High Yield Bond Factor ETF has a one year low of $49.60 and a one year high of $51.73. The company has a 50-day moving average of $47.29 and a two-hundred day moving average of $47.41.

iShares High Yield Bond Factor ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.2874 dividend. This is a positive change from iShares High Yield Bond Factor ETF’s previous dividend of $0.28. The ex-dividend date was Monday, February 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.