U.S. Capital Wealth Advisors LLC Invests $1.07 Million in iShares High Yield Bond Factor ETF (BATS:HYDB)

U.S. Capital Wealth Advisors LLC bought a new position in iShares High Yield Bond Factor ETF (BATS:HYDB) in the 4th quarter, HoldingsChannel reports. The fund bought 22,791 shares of the company’s stock, valued at approximately $1,071,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Kingsview Wealth Management LLC boosted its position in iShares High Yield Bond Factor ETF by 1.6% during the third quarter. Kingsview Wealth Management LLC now owns 13,959 shares of the company’s stock valued at $671,000 after purchasing an additional 217 shares during the last quarter. Glass Jacobson Investment Advisors llc boosted its position in iShares High Yield Bond Factor ETF by 4.3% during the third quarter. Glass Jacobson Investment Advisors llc now owns 7,662 shares of the company’s stock valued at $368,000 after purchasing an additional 316 shares during the last quarter. Adirondack Trust Co. boosted its position in iShares High Yield Bond Factor ETF by 59.2% during the fourth quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock valued at $41,000 after purchasing an additional 328 shares during the last quarter. Rovin Capital UT ADV boosted its position in iShares High Yield Bond Factor ETF by 1.7% during the third quarter. Rovin Capital UT ADV now owns 22,356 shares of the company’s stock valued at $1,074,000 after purchasing an additional 378 shares during the last quarter. Finally, MML Investors Services LLC boosted its position in iShares High Yield Bond Factor ETF by 0.8% during the third quarter. MML Investors Services LLC now owns 47,070 shares of the company’s stock valued at $2,262,000 after purchasing an additional 386 shares during the last quarter.

iShares High Yield Bond Factor ETF Price Performance

HYDB opened at $47.33 on Wednesday. iShares High Yield Bond Factor ETF has a 1 year low of $49.60 and a 1 year high of $51.73. The stock has a fifty day moving average price of $47.35 and a 200 day moving average price of $47.39.

iShares High Yield Bond Factor ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be given a $0.2874 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This is a boost from iShares High Yield Bond Factor ETF’s previous dividend of $0.28.

About iShares High Yield Bond Factor ETF

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.