5T Wealth LLC Takes Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

5T Wealth LLC purchased a new position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 12,145 shares of the company’s stock, valued at approximately $571,000. 5T Wealth LLC owned about 0.10% of iShares High Yield Bond Factor ETF at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Opus Capital Group LLC increased its stake in shares of iShares High Yield Bond Factor ETF by 4.3% in the 4th quarter. Opus Capital Group LLC now owns 5,157 shares of the company’s stock valued at $242,000 after purchasing an additional 211 shares during the last quarter. Kingsview Wealth Management LLC lifted its holdings in iShares High Yield Bond Factor ETF by 1.6% during the 3rd quarter. Kingsview Wealth Management LLC now owns 13,959 shares of the company’s stock worth $671,000 after buying an additional 217 shares during the period. Glass Jacobson Investment Advisors llc lifted its stake in shares of iShares High Yield Bond Factor ETF by 4.3% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 7,662 shares of the company’s stock valued at $368,000 after purchasing an additional 316 shares during the period. Adirondack Trust Co. lifted its stake 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. Finally, Rovin Capital UT ADV lifted its stake in shares of iShares High Yield Bond Factor ETF by 1.7% in the 3rd quarter. Rovin Capital UT ADV now owns 22,356 shares of the company’s stock valued at $1,074,000 after purchasing an additional 378 shares during the period.

iShares High Yield Bond Factor ETF Price Performance

Shares of HYDB opened at $47.52 on Monday. The stock has a 50 day moving average price of $47.29 and a two-hundred day moving average price of $47.41. iShares High Yield Bond Factor ETF has a 52 week low of $49.60 and a 52 week high of $51.73.

iShares High Yield Bond Factor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.2874 dividend. The ex-dividend date 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.