Assetmark Inc. Sells 2,042 Shares of iShares High Yield Bond Factor ETF (BATS:HYDB)

Assetmark Inc. lowered its holdings in iShares High Yield Bond Factor ETF (BATS:HYDB) by 0.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 589,828 shares of the company’s stock after selling 2,042 shares during the period. Assetmark Inc.’s holdings in iShares High Yield Bond Factor ETF were worth $27,728,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. SWAN Capital LLC acquired a new stake in iShares High Yield Bond Factor ETF in the third quarter valued at $25,000. Retirement Wealth Solutions LLC acquired a new stake in iShares High Yield Bond Factor ETF in the fourth quarter valued at $29,000. Synergy Asset Management LLC acquired a new stake in iShares High Yield Bond Factor ETF in the fourth quarter valued at $37,000. Adirondack Trust Co. lifted its stake in iShares High Yield Bond Factor ETF by 59.2% in the fourth quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock valued at $41,000 after acquiring an additional 328 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its stake in iShares High Yield Bond Factor ETF by 76.4% in the third quarter. First Horizon Advisors Inc. now owns 905 shares of the company’s stock valued at $43,000 after acquiring an additional 392 shares during the last quarter.

iShares High Yield Bond Factor ETF Trading Up 1.2 %

Shares of HYDB stock opened at $47.48 on Thursday. The company has a fifty day moving average price of $47.34 and a two-hundred day moving average price of $47.49. iShares High Yield Bond Factor ETF has a one year low of $49.60 and a one year high of $51.73.

iShares High Yield Bond Factor ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be paid a $0.234 dividend. The ex-dividend date is 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.