Truist Financial Corp Takes Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Truist Financial Corp bought a new stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) in the 4th quarter, HoldingsChannel reports. The fund bought 44,242 shares of the company’s stock, valued at approximately $2,080,000.

Several other large investors have also recently made changes to their positions in the business. SWAN Capital LLC purchased a new stake in iShares High Yield Bond Factor ETF in the 3rd quarter worth about $25,000. Retirement Wealth Solutions LLC purchased a new stake in iShares High Yield Bond Factor ETF in the 4th quarter worth about $29,000. Synergy Asset Management LLC purchased a new stake in iShares High Yield Bond Factor ETF in the 4th quarter worth about $37,000. Adirondack Trust Co. increased its holdings in iShares High Yield Bond Factor ETF by 59.2% in the 4th quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock worth $41,000 after acquiring an additional 328 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its holdings in iShares High Yield Bond Factor ETF by 76.4% in the 3rd quarter. First Horizon Advisors Inc. now owns 905 shares of the company’s stock worth $43,000 after acquiring an additional 392 shares during the last quarter.

iShares High Yield Bond Factor ETF Price Performance

Shares of HYDB opened at $47.71 on Thursday. The business has a 50-day moving average of $47.28 and a 200 day moving average of $47.46. 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 Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.2874 dividend. 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.