Creative Financial Designs Inc. ADV Has $5.02 Million Stock Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Creative Financial Designs Inc. ADV boosted its position in iShares High Yield Bond Factor ETF (BATS:HYDB) by 2.7% in the 4th quarter, HoldingsChannel reports. The firm owned 106,750 shares of the company’s stock after acquiring an additional 2,822 shares during the period. Creative Financial Designs Inc. ADV’s holdings in iShares High Yield Bond Factor ETF were worth $5,018,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Envestnet Portfolio Solutions Inc. lifted its stake in iShares High Yield Bond Factor ETF by 1,572.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 329,048 shares of the company’s stock valued at $15,469,000 after purchasing an additional 309,379 shares during the last quarter. Tidemark LLC acquired a new stake in iShares High Yield Bond Factor ETF during the fourth quarter worth approximately $99,000. JPL Wealth Management LLC acquired a new stake in iShares High Yield Bond Factor ETF during the fourth quarter worth approximately $247,000. Commonwealth Equity Services LLC lifted its position in iShares High Yield Bond Factor ETF by 79.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 236,691 shares of the company’s stock worth $11,127,000 after acquiring an additional 104,530 shares during the last quarter. Finally, Avantax Advisory Services Inc. lifted its position in iShares High Yield Bond Factor ETF by 102.1% during the fourth quarter. Avantax Advisory Services Inc. now owns 50,834 shares of the company’s stock worth $2,390,000 after acquiring an additional 25,681 shares during the last quarter.

iShares High Yield Bond Factor ETF Stock Performance

Shares of HYDB stock opened at $47.04 on Monday. The firm has a 50 day moving average price of $47.37 and a two-hundred day moving average price of $47.47. iShares High Yield Bond Factor ETF has a 12-month low of $45.51 and a 12-month high of $48.10.

iShares High Yield Bond Factor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.234 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.