Leo Wealth LLC Invests $1.01 Million in iShares High Yield Bond Factor ETF (BATS:HYDB)

Leo Wealth LLC acquired a new stake in iShares High Yield Bond Factor ETF (BATS:HYDB) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 21,539 shares of the company’s stock, valued at approximately $1,013,000.

Other institutional investors also recently modified their holdings of the company. SWAN Capital LLC acquired a new stake in iShares High Yield Bond Factor ETF in the third quarter valued at approximately $25,000. Retirement Wealth Solutions LLC bought a new position in shares of iShares High Yield Bond Factor ETF in the 4th quarter worth $29,000. Concourse Financial Group Securities Inc. grew its position in iShares High Yield Bond Factor ETF by 336.2% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 759 shares of the company’s stock valued at $36,000 after purchasing an additional 585 shares during the period. Synergy Asset Management LLC bought a new stake in iShares High Yield Bond Factor ETF during the 4th quarter valued at $37,000. Finally, Adirondack Trust Co. raised its holdings in iShares High Yield Bond Factor ETF by 59.2% during the fourth quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock worth $41,000 after buying an additional 328 shares during the last quarter.

iShares High Yield Bond Factor ETF Stock Up 0.8 %

iShares High Yield Bond Factor ETF stock opened at $47.27 on Friday. The firm’s fifty day moving average price is $47.33 and its two-hundred day moving average price is $47.39. iShares High Yield Bond Factor ETF has a 1-year low of $49.60 and a 1-year high of $51.73.

iShares High Yield Bond Factor ETF Increases Dividend

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

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.