Alterna Wealth Management Inc. Acquires Shares of 4,585 iShares High Yield Bond Factor ETF (BATS:HYDB)

Alterna Wealth Management Inc. bought a new position in iShares High Yield Bond Factor ETF (BATS:HYDB) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 4,585 shares of the company’s stock, valued at approximately $216,000.

A number of other large investors have also modified their holdings of the stock. Mather Group LLC. boosted its stake in shares of iShares High Yield Bond Factor ETF by 56.3% in the third quarter. Mather Group LLC. now owns 3,254 shares of the company’s stock valued at $156,000 after purchasing an additional 1,172 shares during the period. Dynamic Advisor Solutions LLC boosted its position in iShares High Yield Bond Factor ETF by 98.3% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 25,640 shares of the company’s stock valued at $1,232,000 after buying an additional 12,712 shares during the last quarter. Insight Wealth Strategies LLC grew its stake in shares of iShares High Yield Bond Factor ETF by 58.8% during the third quarter. Insight Wealth Strategies LLC now owns 110,976 shares of the company’s stock valued at $5,334,000 after acquiring an additional 41,075 shares in the last quarter. Atomi Financial Group Inc. increased its position in shares of iShares High Yield Bond Factor ETF by 49.6% during the third quarter. Atomi Financial Group Inc. now owns 116,700 shares of the company’s stock worth $5,609,000 after acquiring an additional 38,670 shares during the last quarter. Finally, CWM LLC lifted its stake in shares of iShares High Yield Bond Factor ETF by 3.1% in the third quarter. CWM LLC now owns 89,460 shares of the company’s stock worth $4,299,000 after acquiring an additional 2,719 shares in the last quarter.

iShares High Yield Bond Factor ETF Stock Performance

Shares of BATS HYDB opened at $47.51 on Monday. iShares High Yield Bond Factor ETF has a fifty-two week low of $49.60 and a fifty-two week high of $51.73. The business has a 50 day moving average price of $47.37 and a two-hundred day moving average price of $47.38.

iShares High Yield Bond Factor ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.2874 per share. The ex-dividend date of this dividend is Monday, February 3rd. This is an increase from iShares High Yield Bond Factor ETF’s previous dividend of $0.28.

About iShares High Yield Bond Factor ETF

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.