24,718 Shares in iShares High Yield Bond Factor ETF (BATS:HYDB) Acquired by TSA Wealth Managment LLC

TSA Wealth Managment LLC acquired a new position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 24,718 shares of the company’s stock, valued at approximately $1,162,000.

A number of other institutional investors have also added to or reduced their stakes in HYDB. SWAN Capital LLC acquired a new position in iShares High Yield Bond Factor ETF during the 3rd quarter worth approximately $25,000. Retirement Wealth Solutions LLC acquired a new position in iShares High Yield Bond Factor ETF during the 4th quarter worth approximately $29,000. Synergy Asset Management LLC acquired a new position in iShares High Yield Bond Factor ETF during the 4th quarter worth approximately $37,000. Adirondack Trust Co. grew its holdings in iShares High Yield Bond Factor ETF by 59.2% during 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. grew its holdings in iShares High Yield Bond Factor ETF by 76.4% during 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

HYDB opened at $47.43 on Tuesday. iShares High Yield Bond Factor ETF has a fifty-two week low of $49.60 and a fifty-two week high of $51.73. The company’s 50 day moving average price is $47.32 and its two-hundred day moving average price is $47.48.

iShares High Yield Bond Factor ETF Cuts Dividend

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