ICA Group Wealth Management LLC Reduces Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

ICA Group Wealth Management LLC trimmed its position in iShares High Yield Bond Factor ETF (BATS:HYDB) by 34.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,106 shares of the company’s stock after selling 1,097 shares during the quarter. ICA Group Wealth Management LLC’s holdings in iShares High Yield Bond Factor ETF were worth $98,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Larson Financial Group LLC bought a new stake in iShares High Yield Bond Factor ETF in the 2nd quarter worth $25,000. Mather Group LLC. bought a new stake in shares of iShares High Yield Bond Factor ETF in the first quarter worth about $44,000. Family Asset Management LLC purchased a new position in iShares High Yield Bond Factor ETF during the 2nd quarter valued at about $55,000. Sunbelt Securities Inc. raised its position in iShares High Yield Bond Factor ETF by 76.7% during the 1st quarter. Sunbelt Securities Inc. now owns 1,825 shares of the company’s stock valued at $85,000 after purchasing an additional 792 shares during the last quarter. Finally, Geneos Wealth Management Inc. purchased a new stake in iShares High Yield Bond Factor ETF in the 1st quarter worth approximately $98,000.

iShares High Yield Bond Factor ETF Trading Up 0.2 %

Shares of HYDB stock opened at $47.62 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’s 50 day moving average price is $47.06 and its 200-day moving average price is $46.58.

iShares High Yield Bond Factor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.2779 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost 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.