Snider Financial Group Acquires Shares of 6,145 iShares High Yield Bond Factor ETF (BATS:HYDB)

Snider Financial Group acquired a new position in iShares High Yield Bond Factor ETF (BATS:HYDB) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 6,145 shares of the company’s stock, valued at approximately $289,000.

Other institutional investors have also recently made changes to their positions in the company. US Bancorp DE grew its position in iShares High Yield Bond Factor ETF by 12.0% during the 3rd quarter. US Bancorp DE now owns 9,537 shares of the company’s stock worth $458,000 after purchasing an additional 1,023 shares during the period. TFB Advisors LLC acquired a new stake in iShares High Yield Bond Factor ETF during the third quarter worth about $335,000. Rovin Capital UT ADV lifted its holdings in iShares High Yield Bond Factor ETF by 1.7% in the third quarter. Rovin Capital UT ADV now owns 22,356 shares of the company’s stock valued at $1,074,000 after acquiring an additional 378 shares during the period. Assetmark Inc. boosted its position in 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 worth $28,445,000 after purchasing an additional 292,788 shares in the last quarter. Finally, Atria Investments Inc acquired a new stake in shares of iShares High Yield Bond Factor ETF during the 3rd quarter worth approximately $917,000.

iShares High Yield Bond Factor ETF Trading Up 1.1 %

HYDB opened at $47.41 on Wednesday. The firm has a fifty day moving average price of $47.33 and a 200 day moving average price of $47.48. iShares High Yield Bond Factor ETF has a 1 year low of $49.60 and a 1 year high of $51.73.

iShares High Yield Bond Factor ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be given a dividend of $0.234 per share. The ex-dividend date of this dividend is Monday, March 3rd.

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.