First Horizon Advisors Inc. Acquires 2,873 Shares of iShares High Yield Bond Factor ETF (BATS:HYDB)

First Horizon Advisors Inc. grew its stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 317.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,778 shares of the company’s stock after purchasing an additional 2,873 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares High Yield Bond Factor ETF were worth $178,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. SWAN Capital LLC bought a new stake in iShares High Yield Bond Factor ETF in the third quarter valued at $25,000. Retirement Wealth Solutions LLC bought a new stake in shares of iShares High Yield Bond Factor ETF during the 4th quarter valued at about $29,000. Synergy Asset Management LLC bought a new stake in shares of iShares High Yield Bond Factor ETF during the 4th quarter valued at about $37,000. Adirondack Trust Co. increased 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 buying an additional 328 shares during the period. Finally, Spire Wealth Management raised its stake in iShares High Yield Bond Factor ETF by 107.7% in the fourth quarter. Spire Wealth Management now owns 1,101 shares of the company’s stock worth $52,000 after buying an additional 571 shares in the last quarter.

iShares High Yield Bond Factor ETF Stock Performance

Shares of HYDB opened at $47.68 on Wednesday. iShares High Yield Bond Factor ETF has a one year low of $49.60 and a one year 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 company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid 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.

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.