iShares High Yield Bond Factor ETF (BATS:HYDB) Stock Holdings Boosted by Seamount Financial Group Inc.

Seamount Financial Group Inc. increased its stake in iShares High Yield Bond Factor ETF (BATS:HYDB) by 153.6% in the 4th quarter, HoldingsChannel reports. The fund owned 17,422 shares of the company’s stock after acquiring an additional 10,552 shares during the period. Seamount Financial Group Inc.’s holdings in iShares High Yield Bond Factor ETF were worth $819,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of HYDB. Assetmark Inc. lifted its stake in shares of iShares High Yield Bond Factor ETF by 97.9% in the 3rd quarter. Assetmark Inc. now owns 591,870 shares of the company’s stock valued at $28,445,000 after purchasing an additional 292,788 shares during the last quarter. Kestra Investment Management LLC raised its stake in shares of iShares High Yield Bond Factor ETF by 39.1% in the 3rd quarter. Kestra Investment Management LLC now owns 431,738 shares of the company’s stock valued at $20,749,000 after buying an additional 121,404 shares in the last quarter. Manning & Napier Advisors LLC bought a new position in shares of iShares High Yield Bond Factor ETF during the 4th quarter worth approximately $19,723,000. Cornerstone Planning Group LLC grew its holdings in shares of iShares High Yield Bond Factor ETF by 9.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 301,461 shares of the company’s stock worth $14,334,000 after purchasing an additional 24,892 shares during the last quarter. Finally, Capital Investment Counsel LLC raised its stake in shares of iShares High Yield Bond Factor ETF by 75.0% in the fourth quarter. Capital Investment Counsel LLC now owns 249,735 shares of the company’s stock valued at $11,740,000 after acquiring an additional 107,011 shares during the last quarter.

iShares High Yield Bond Factor ETF Stock Performance

HYDB stock opened at $47.27 on Friday. iShares High Yield Bond Factor ETF has a fifty-two week low of $49.60 and a fifty-two week high of $51.73. The company has a 50 day moving average price of $47.33 and a 200 day moving average price of $47.39.

iShares High Yield Bond Factor ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2874 per share. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares High Yield Bond Factor ETF’s previous dividend of $0.28.

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.