iShares High Yield Bond Factor ETF (BATS:HYDB) is Cornerstone Planning Group LLC’s 7th Largest Position

Cornerstone Planning Group LLC raised its holdings in iShares High Yield Bond Factor ETF (BATS:HYDB) by 2.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 307,970 shares of the company’s stock after buying an additional 6,509 shares during the quarter. iShares High Yield Bond Factor ETF makes up approximately 3.6% of Cornerstone Planning Group LLC’s holdings, making the stock its 7th largest holding. Cornerstone Planning Group LLC’s holdings in iShares High Yield Bond Factor ETF were worth $14,666,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HYDB. Apollon Wealth Management LLC grew its holdings in shares of iShares High Yield Bond Factor ETF by 10.3% during the 4th quarter. Apollon Wealth Management LLC now owns 31,129 shares of the company’s stock worth $1,463,000 after purchasing an additional 2,915 shares during the period. Seamount Financial Group Inc. grew its holdings in shares of iShares High Yield Bond Factor ETF by 153.6% during the 4th quarter. Seamount Financial Group Inc. now owns 17,422 shares of the company’s stock worth $819,000 after purchasing an additional 10,552 shares during the period. Leo Wealth LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF during the 4th quarter worth about $1,013,000. Summit Wealth Partners LLC grew its holdings in shares of iShares High Yield Bond Factor ETF by 5.7% during the 4th quarter. Summit Wealth Partners LLC now owns 28,819 shares of the company’s stock worth $1,355,000 after purchasing an additional 1,565 shares during the period. Finally, Beacon Financial Planning Inc. purchased a new stake in shares of iShares High Yield Bond Factor ETF during the 4th quarter worth about $572,000.

iShares High Yield Bond Factor ETF Trading Up 0.8 %

Shares of BATS:HYDB opened at $47.27 on Monday. 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 50-day simple moving average of $47.32 and a 200-day simple moving average of $47.40.

iShares High Yield Bond Factor ETF Increases Dividend

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

iShares High Yield Bond Factor ETF Company 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.