Bay Colony Advisory Group Inc d b a Bay Colony Advisors Buys New Shares in iShares High Yield Bond Factor ETF (BATS:HYDB)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) during the 4th quarter, Holdings Channel reports. The firm bought 5,880 shares of the company’s stock, valued at approximately $276,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Manning & Napier Advisors LLC bought a new stake in iShares High Yield Bond Factor ETF during the fourth quarter valued at about $19,723,000. Assetmark Inc. raised its holdings in iShares High Yield Bond Factor ETF by 97.9% during the third quarter. Assetmark Inc. now owns 591,870 shares of the company’s stock valued at $28,445,000 after acquiring an additional 292,788 shares during the period. State of New Jersey Common Pension Fund D raised its holdings in iShares High Yield Bond Factor ETF by 19.7% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 1,213,120 shares of the company’s stock valued at $57,029,000 after acquiring an additional 200,000 shares during the period. Dahring Cusmano LLC bought a new stake in iShares High Yield Bond Factor ETF during the fourth quarter valued at about $7,820,000. Finally, Wealthspire Advisors LLC raised its holdings in iShares High Yield Bond Factor ETF by 12.6% during the fourth quarter. Wealthspire Advisors LLC now owns 1,188,263 shares of the company’s stock valued at $55,860,000 after acquiring an additional 133,293 shares during the period.

iShares High Yield Bond Factor ETF Price Performance

BATS:HYDB opened at $47.43 on Friday. The business’s 50-day simple moving average is $47.37 and its two-hundred day simple moving average is $47.49. iShares High Yield Bond Factor ETF has a 52 week low of $49.60 and a 52 week high of $51.73.

iShares High Yield Bond Factor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued 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.