Dynasty Wealth Management LLC Makes New $2.71 Million Investment in iShares High Yield Bond Factor ETF (BATS:HYDB)

Dynasty Wealth Management LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 57,538 shares of the company’s stock, valued at approximately $2,705,000. Dynasty Wealth Management LLC owned approximately 0.47% of iShares High Yield Bond Factor ETF at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. SWAN Capital LLC bought a new stake in iShares High Yield Bond Factor ETF during the 3rd quarter valued at $25,000. Retirement Wealth Solutions LLC bought a new stake in shares of iShares High Yield Bond Factor ETF during the 4th quarter valued at $29,000. Synergy Asset Management LLC purchased a new stake in iShares High Yield Bond Factor ETF during the 4th quarter worth about $37,000. Adirondack Trust Co. boosted its stake in 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 worth $41,000 after purchasing an additional 328 shares during the period. Finally, First Horizon Advisors Inc. boosted 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 purchasing an additional 392 shares during the period.

iShares High Yield Bond Factor ETF Price Performance

Shares of iShares High Yield Bond Factor ETF stock opened at $47.65 on Friday. The company’s 50-day moving average price is $47.30 and its 200-day moving average price is $47.46. iShares High Yield Bond Factor ETF has a 12-month low of $49.60 and a 12-month 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. Shareholders of record on Monday, February 3rd were issued a $0.2874 dividend. This is an increase 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.