Sax Wealth Advisors LLC Has $6.26 Million Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Sax Wealth Advisors LLC grew its stake in iShares High Yield Bond Factor ETF (BATS:HYDB) by 23.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 133,240 shares of the company’s stock after purchasing an additional 25,079 shares during the quarter. Sax Wealth Advisors LLC owned approximately 1.08% of iShares High Yield Bond Factor ETF worth $6,264,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Assetmark Inc. grew its holdings in iShares High Yield Bond Factor ETF by 97.9% in the 3rd quarter. Assetmark Inc. now owns 591,870 shares of the company’s stock valued at $28,445,000 after buying an additional 292,788 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares High Yield Bond Factor ETF by 12.5% in the second quarter. Envestnet Asset Management Inc. now owns 582,228 shares of the company’s stock valued at $27,039,000 after acquiring an additional 64,834 shares in the last quarter. Kestra Investment Management LLC increased its position in iShares High Yield Bond Factor ETF by 39.1% during the third quarter. Kestra Investment Management LLC now owns 431,738 shares of the company’s stock worth $20,749,000 after acquiring an additional 121,404 shares during the period. Cetera Investment Advisers raised its stake in iShares High Yield Bond Factor ETF by 58.1% in the 2nd quarter. Cetera Investment Advisers now owns 318,093 shares of the company’s stock worth $14,772,000 after purchasing an additional 116,880 shares in the last quarter. Finally, Cornerstone Planning Group LLC boosted its holdings 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 valued at $14,334,000 after purchasing an additional 24,892 shares during the period.

iShares High Yield Bond Factor ETF Stock Up 1.1 %

Shares of HYDB opened at $47.43 on Friday. iShares High Yield Bond Factor ETF has a 12 month low of $49.60 and a 12 month high of $51.73. The firm’s 50 day moving average is $47.38 and its 200-day moving average is $47.31.

iShares High Yield Bond Factor ETF Company 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.