Cypress Wealth Services LLC Makes New $281,000 Investment in iShares High Yield Bond Factor ETF (BATS:HYDB)

Cypress Wealth Services LLC acquired a new stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,987 shares of the company’s stock, valued at approximately $281,000.

A number of other large investors have also recently made changes to their positions in HYDB. SWAN Capital LLC acquired a new stake in iShares High Yield Bond Factor ETF during the 3rd quarter worth about $25,000. Concourse Financial Group Securities Inc. boosted its stake in shares of iShares High Yield Bond Factor ETF by 336.2% in the third quarter. Concourse Financial Group Securities Inc. now owns 759 shares of the company’s stock worth $36,000 after buying an additional 585 shares during the last quarter. First Horizon Advisors Inc. grew its holdings in iShares High Yield Bond Factor ETF by 76.4% during the third quarter. First Horizon Advisors Inc. now owns 905 shares of the company’s stock worth $43,000 after acquiring an additional 392 shares during the period. Mather Group LLC. raised its position in iShares High Yield Bond Factor ETF by 56.3% during the third quarter. Mather Group LLC. now owns 3,254 shares of the company’s stock valued at $156,000 after acquiring an additional 1,172 shares in the last quarter. Finally, Tsfg LLC acquired a new position in iShares High Yield Bond Factor ETF in the fourth quarter valued at approximately $159,000.

iShares High Yield Bond Factor ETF Stock Up 1.1 %

Shares of BATS HYDB opened at $47.43 on Friday. The firm’s 50 day simple moving average is $47.38 and its 200-day simple moving average is $47.31. 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 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.