Systelligence LLC Lowers Holdings in iShares High Yield Bond Factor ETF (BATS:HYDB)

Systelligence LLC trimmed its holdings in iShares High Yield Bond Factor ETF (BATS:HYDB) by 4.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 121,231 shares of the company’s stock after selling 5,667 shares during the quarter. Systelligence LLC’s holdings in iShares High Yield Bond Factor ETF were worth $5,826,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Larson Financial Group LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF during the 2nd 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% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 759 shares of the company’s stock worth $36,000 after acquiring an additional 585 shares in the last quarter. Family Asset Management LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF during the 2nd quarter worth about $55,000. Mather Group LLC. boosted its stake in shares of iShares High Yield Bond Factor ETF by 120.3% during the 2nd quarter. Mather Group LLC. now owns 2,082 shares of the company’s stock worth $97,000 after acquiring an additional 1,137 shares in the last quarter. Finally, Comerica Bank boosted its stake in shares of iShares High Yield Bond Factor ETF by 417.4% during the 1st quarter. Comerica Bank now owns 2,856 shares of the company’s stock worth $133,000 after acquiring an additional 2,304 shares in the last quarter.

iShares High Yield Bond Factor ETF Price Performance

HYDB stock opened at $47.80 on Tuesday. The company’s 50-day simple moving average is $47.59 and its 200-day simple moving average is $46.98. 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 Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.2779 per share. This is a positive change from iShares High Yield Bond Factor ETF’s previous dividend of $0.28. The ex-dividend date of this dividend was Tuesday, September 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.