Thoroughbred Financial Services LLC Has $1.10 Million Stock Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Thoroughbred Financial Services LLC reduced its position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 16.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 23,473 shares of the company’s stock after selling 4,584 shares during the quarter. Thoroughbred Financial Services LLC owned about 0.19% of iShares High Yield Bond Factor ETF worth $1,103,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Retirement Wealth Solutions LLC acquired a new stake in iShares High Yield Bond Factor ETF in the fourth quarter worth $29,000. Synergy Asset Management LLC acquired a new stake in shares of iShares High Yield Bond Factor ETF in the 4th quarter valued at approximately $37,000. Adirondack Trust Co. raised its holdings in shares of 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 valued at $41,000 after purchasing an additional 328 shares during the period. Spire Wealth Management increased its holdings in shares of iShares High Yield Bond Factor ETF by 107.7% during the 4th quarter. Spire Wealth Management now owns 1,101 shares of the company’s stock worth $52,000 after acquiring an additional 571 shares during the last quarter. Finally, Tidemark LLC bought a new position in iShares High Yield Bond Factor ETF in the 4th quarter valued at about $99,000.

iShares High Yield Bond Factor ETF Stock Down 3.5 %

BATS:HYDB opened at $45.27 on Friday. The firm’s 50-day simple moving average is $47.29 and its 200 day simple moving average is $47.42. iShares High Yield Bond Factor ETF has a 52 week low of $44.90 and a 52 week high of $48.10.

iShares High Yield Bond Factor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.234 dividend. The ex-dividend date was Monday, March 3rd.

iShares High Yield Bond Factor ETF 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.