iShares High Yield Bond Factor ETF (BATS:HYDB) Hits New 12-Month Low – Time to Sell?

iShares High Yield Bond Factor ETF (BATS:HYDBGet Free Report)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as $47.16 and last traded at $47.31, with a volume of 162202 shares. The stock had previously closed at $46.91.

iShares High Yield Bond Factor ETF Stock Up 0.9 %

The business’s fifty day moving average price is $47.39 and its two-hundred day moving average price is $47.30.

Institutional Investors Weigh In On iShares High Yield Bond Factor ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SWAN Capital LLC purchased a new position in shares of iShares High Yield Bond Factor ETF in the 3rd quarter worth approximately $25,000. Retirement Wealth Solutions LLC bought a new stake in iShares High Yield Bond Factor ETF in the fourth quarter worth $29,000. Concourse Financial Group Securities Inc. boosted its stake in iShares High Yield Bond Factor ETF by 336.2% during the third quarter. Concourse Financial Group Securities Inc. now owns 759 shares of the company’s stock worth $36,000 after buying an additional 585 shares during the period. First Horizon Advisors Inc. increased its position in 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 acquiring an additional 392 shares during the last quarter. Finally, Mather Group LLC. grew its stake in shares of iShares High Yield Bond Factor ETF by 56.3% during the third quarter. Mather Group LLC. now owns 3,254 shares of the company’s stock valued at $156,000 after buying an additional 1,172 shares during the last quarter.

iShares High Yield Bond Factor ETF Company Profile

(Get Free Report)

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.

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