Foundations Investment Advisors LLC Purchases 92,225 Shares of iShares High Yield Bond Factor ETF (BATS:HYDB)

Foundations Investment Advisors LLC lifted its position in iShares High Yield Bond Factor ETF (BATS:HYDB) by 893.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 102,546 shares of the company’s stock after acquiring an additional 92,225 shares during the period. Foundations Investment Advisors LLC owned 0.83% of iShares High Yield Bond Factor ETF worth $4,821,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. West Wealth Group LLC bought a new position in iShares High Yield Bond Factor ETF in the fourth quarter worth $368,000. Cobblestone Asset Management LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF in the 4th quarter worth about $232,000. CFS Investment Advisory Services LLC increased its stake in shares of iShares High Yield Bond Factor ETF by 246.8% in the 4th quarter. CFS Investment Advisory Services LLC now owns 19,361 shares of the company’s stock worth $910,000 after acquiring an additional 13,778 shares in the last quarter. Cyndeo Wealth Partners LLC purchased a new position in iShares High Yield Bond Factor ETF during the 4th quarter valued at about $271,000. Finally, Dynamic Advisor Solutions LLC boosted its stake in iShares High Yield Bond Factor ETF by 44.8% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 37,132 shares of the company’s stock worth $1,746,000 after acquiring an additional 11,492 shares in the last quarter.

iShares High Yield Bond Factor ETF Stock Up 1.5 %

Shares of BATS HYDB opened at $47.62 on Tuesday. The company has a 50 day simple moving average of $47.37 and a two-hundred day simple moving average of $47.37. iShares High Yield Bond Factor ETF has a fifty-two week low of $49.60 and a fifty-two 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.