State of New Jersey Common Pension Fund D Boosts Stock Holdings in iShares High Yield Bond Factor ETF (BATS:HYDB)

State of New Jersey Common Pension Fund D boosted its stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 19.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,213,120 shares of the company’s stock after purchasing an additional 200,000 shares during the period. State of New Jersey Common Pension Fund D owned approximately 0.10% of iShares High Yield Bond Factor ETF worth $57,029,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of HYDB. SWAN Capital LLC purchased a new position in shares of iShares High Yield Bond Factor ETF in the 3rd quarter valued at $25,000. Retirement Wealth Solutions LLC purchased a new position in shares of iShares High Yield Bond Factor ETF in the 4th quarter valued at $29,000. Concourse Financial Group Securities Inc. raised its stake in shares of iShares High Yield Bond Factor ETF by 336.2% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 759 shares of the company’s stock valued at $36,000 after acquiring an additional 585 shares during the period. Synergy Asset Management LLC purchased a new position in shares of iShares High Yield Bond Factor ETF in the 4th quarter valued at $37,000. Finally, Adirondack Trust Co. raised its stake in shares of iShares High Yield Bond Factor ETF by 59.2% in the 4th quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock valued at $41,000 after acquiring an additional 328 shares during the period.

iShares High Yield Bond Factor ETF Price Performance

Shares of HYDB stock opened at $47.52 on Monday. The company’s fifty day simple moving average is $47.29 and its 200-day simple moving average is $47.41. iShares High Yield Bond Factor ETF has a 52 week low of $49.60 and a 52 week high of $51.73.

iShares High Yield Bond Factor ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.2874 per share. 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 was Monday, February 3rd.

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.