Cyndeo Wealth Partners LLC Invests $271,000 in iShares High Yield Bond Factor ETF (BATS:HYDB)

Cyndeo Wealth Partners LLC purchased a new position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 5,773 shares of the company’s stock, valued at approximately $271,000.

Several other large investors have also modified their holdings of HYDB. Ascent Group LLC lifted its position in shares of iShares High Yield Bond Factor ETF by 6.8% during the second quarter. Ascent Group LLC now owns 4,622 shares of the company’s stock worth $215,000 after purchasing an additional 293 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of iShares High Yield Bond Factor ETF by 58.1% during the second quarter. Cetera Investment Advisers now owns 318,093 shares of the company’s stock worth $14,772,000 after purchasing an additional 116,880 shares during the last quarter. Kestra Investment Management LLC bought a new position in iShares High Yield Bond Factor ETF in the second quarter worth about $14,412,000. Summit Wealth Partners LLC lifted its holdings in iShares High Yield Bond Factor ETF by 48.5% in the second quarter. Summit Wealth Partners LLC now owns 10,537 shares of the company’s stock worth $489,000 after acquiring an additional 3,441 shares during the last quarter. Finally, Mather Group LLC. lifted its holdings in iShares High Yield Bond Factor ETF by 56.3% in the third quarter. Mather Group LLC. now owns 3,254 shares of the company’s stock worth $156,000 after acquiring an additional 1,172 shares during the last quarter.

iShares High Yield Bond Factor ETF Price Performance

Shares of BATS HYDB opened at $47.56 on Monday. The firm’s 50-day moving average price is $47.37 and its two-hundred day moving average price is $47.36. 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 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.