Retirement Wealth Solutions LLC Invests $29,000 in iShares High Yield Bond Factor ETF (BATS:HYDB)

Retirement Wealth Solutions LLC purchased a new stake in iShares High Yield Bond Factor ETF (BATS:HYDB) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 617 shares of the company’s stock, valued at approximately $29,000.

A number of other hedge funds have also added to or reduced their stakes in HYDB. Cranbrook Wealth Management LLC boosted its position in shares of iShares High Yield Bond Factor ETF by 99.6% during the fourth quarter. Cranbrook Wealth Management LLC now owns 4,034 shares of the company’s stock valued at $190,000 after buying an additional 2,013 shares during the last quarter. Sax Wealth Advisors LLC boosted its holdings in iShares High Yield Bond Factor ETF by 23.2% during the 4th quarter. Sax Wealth Advisors LLC now owns 133,240 shares of the company’s stock worth $6,264,000 after acquiring an additional 25,079 shares during the last quarter. Merit Financial Group LLC purchased a new position in iShares High Yield Bond Factor ETF during the 4th quarter worth $339,000. Cypress Wealth Services LLC bought a new stake in shares of iShares High Yield Bond Factor ETF in the 4th quarter worth $281,000. Finally, Hennion & Walsh Asset Management Inc. raised its holdings in shares of iShares High Yield Bond Factor ETF by 22.4% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 21,462 shares of the company’s stock valued at $1,009,000 after purchasing an additional 3,932 shares during the last quarter.

iShares High Yield Bond Factor ETF Price Performance

iShares High Yield Bond Factor ETF stock opened at $47.43 on Friday. iShares High Yield Bond Factor ETF has a 52 week low of $49.60 and a 52 week high of $51.73. The company’s 50 day moving average price is $47.38 and its two-hundred day moving average price is $47.31.

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.