Global Retirement Partners LLC Purchases 2,797 Shares of iShares High Yield Bond Factor ETF (BATS:HYDB)

Global Retirement Partners LLC boosted its holdings in iShares High Yield Bond Factor ETF (BATS:HYDB) by 150.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,657 shares of the company’s stock after purchasing an additional 2,797 shares during the quarter. Global Retirement Partners LLC’s holdings in iShares High Yield Bond Factor ETF were worth $219,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SWAN Capital LLC bought a new position in iShares High Yield Bond Factor ETF during the 3rd quarter valued at $25,000. Retirement Wealth Solutions LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF in the fourth quarter valued at about $29,000. Synergy Asset Management LLC bought a new position in shares of iShares High Yield Bond Factor ETF during the fourth quarter valued at about $37,000. Adirondack Trust Co. lifted its position in shares of 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 in the last quarter. Finally, First Horizon Advisors Inc. boosted its holdings in iShares High Yield Bond Factor ETF by 76.4% during the third quarter. First Horizon Advisors Inc. now owns 905 shares of the company’s stock worth $43,000 after purchasing an additional 392 shares during the last quarter.

iShares High Yield Bond Factor ETF Stock Up 1.6 %

Shares of HYDB stock opened at $47.68 on Wednesday. iShares High Yield Bond Factor ETF has a 52-week low of $49.60 and a 52-week high of $51.73. The company has a 50-day simple moving average of $47.28 and a two-hundred day simple moving average of $47.46.

iShares High Yield Bond Factor ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given 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.

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.