JPL Wealth Management LLC Buys Shares of 5,263 iShares High Yield Bond Factor ETF (BATS:HYDB)

JPL Wealth Management LLC bought a new stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) in the 4th quarter, Holdings Channel.com reports. The fund bought 5,263 shares of the company’s stock, valued at approximately $247,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Opus Capital Group LLC increased its holdings in iShares High Yield Bond Factor ETF by 4.3% during the 4th quarter. Opus Capital Group LLC now owns 5,157 shares of the company’s stock valued at $242,000 after acquiring an additional 211 shares in the last quarter. Kingsview Wealth Management LLC boosted its stake in shares of iShares High Yield Bond Factor ETF by 1.6% during the 3rd quarter. Kingsview Wealth Management LLC now owns 13,959 shares of the company’s stock worth $671,000 after purchasing an additional 217 shares during the last quarter. Glass Jacobson Investment Advisors llc boosted its stake in shares of iShares High Yield Bond Factor ETF by 4.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 7,662 shares of the company’s stock worth $368,000 after purchasing an additional 316 shares during the last quarter. Adirondack Trust Co. boosted its stake in shares of iShares High Yield Bond Factor ETF by 59.2% during the 4th quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock worth $41,000 after purchasing an additional 328 shares during the last quarter. Finally, MML Investors Services LLC boosted its stake in shares of iShares High Yield Bond Factor ETF by 0.8% during the 3rd quarter. MML Investors Services LLC now owns 47,070 shares of the company’s stock worth $2,262,000 after purchasing an additional 386 shares during the last quarter.

iShares High Yield Bond Factor ETF Stock Up 0.4 %

iShares High Yield Bond Factor ETF stock opened at $47.09 on Thursday. iShares High Yield Bond Factor ETF has a 12-month low of $45.51 and a 12-month high of $48.10. The firm’s 50-day moving average is $47.37 and its two-hundred day moving average is $47.48.

iShares High Yield Bond Factor ETF Cuts Dividend

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

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.