CFS Investment Advisory Services LLC Acquires New Shares in iShares High Yield Bond Factor ETF (BATS:HYDB)

CFS Investment Advisory Services LLC acquired a new stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) during the third quarter, according to its most recent filing with the SEC. The fund acquired 5,583 shares of the company’s stock, valued at approximately $268,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. First Horizon Advisors Inc. increased its stake in iShares High Yield Bond Factor ETF by 76.4% in the 3rd quarter. First Horizon Advisors Inc. now owns 905 shares of the company’s stock worth $43,000 after acquiring an additional 392 shares during the last quarter. Claro Advisors LLC increased its stake in iShares High Yield Bond Factor ETF by 43.7% in the 3rd quarter. Claro Advisors LLC now owns 24,790 shares of the company’s stock worth $1,191,000 after acquiring an additional 7,538 shares during the last quarter. OneDigital Investment Advisors LLC increased its stake in iShares High Yield Bond Factor ETF by 29.4% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 120,433 shares of the company’s stock worth $5,788,000 after acquiring an additional 27,352 shares during the last quarter. ROI Financial Advisors LLC increased its stake in iShares High Yield Bond Factor ETF by 55.9% in the 3rd quarter. ROI Financial Advisors LLC now owns 6,736 shares of the company’s stock worth $324,000 after acquiring an additional 2,416 shares during the last quarter. Finally, Cornerstone Planning Group LLC increased its stake in iShares High Yield Bond Factor ETF by 9.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 301,461 shares of the company’s stock worth $14,334,000 after acquiring an additional 24,892 shares during the last quarter.

iShares High Yield Bond Factor ETF Stock Performance

Shares of BATS HYDB opened at $47.58 on Friday. The stock’s 50-day simple moving average is $47.62 and its two-hundred day simple moving average is $47.05. iShares High Yield Bond Factor ETF has a twelve month low of $49.60 and a twelve month high of $51.73.

iShares High Yield Bond Factor ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.2779 dividend. This is a boost from iShares High Yield Bond Factor ETF’s previous dividend of $0.28. The ex-dividend date of this dividend was Tuesday, September 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.