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

Peninsula Wealth LLC bought a new position in iShares High Yield Bond Factor ETF (BATS:HYDB) in the fourth quarter, Holdings Channel reports. The institutional investor bought 4,752 shares of the company’s stock, valued at approximately $223,000.

Other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. boosted its holdings in iShares High Yield Bond Factor ETF by 366.3% in the 4th quarter. Envestnet Asset Management Inc. now owns 2,680,702 shares of the company’s stock valued at $126,020,000 after purchasing an additional 2,105,824 shares during the last quarter. LPL Financial LLC boosted its position in shares of iShares High Yield Bond Factor ETF by 200.0% during the fourth quarter. LPL Financial LLC now owns 1,414,515 shares of the company’s stock worth $66,496,000 after buying an additional 943,005 shares during the period. State of New Jersey Common Pension Fund D grew its stake in shares of iShares High Yield Bond Factor ETF by 19.7% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 1,213,120 shares of the company’s stock valued at $57,029,000 after buying an additional 200,000 shares in the last quarter. Wealthspire Advisors LLC raised its holdings in shares of iShares High Yield Bond Factor ETF by 12.6% in the 4th quarter. Wealthspire Advisors LLC now owns 1,188,263 shares of the company’s stock valued at $55,860,000 after buying an additional 133,293 shares during the period. Finally, Kestra Investment Management LLC lifted its stake in iShares High Yield Bond Factor ETF by 6.1% during the 4th quarter. Kestra Investment Management LLC now owns 458,093 shares of the company’s stock worth $21,535,000 after acquiring an additional 26,355 shares in the last quarter.

iShares High Yield Bond Factor ETF Trading Down 3.9 %

Shares of BATS:HYDB opened at $45.10 on Monday. iShares High Yield Bond Factor ETF has a 1 year low of $44.04 and a 1 year high of $48.10. The firm’s 50-day moving average is $46.95 and its two-hundred day moving average is $47.28.

iShares High Yield Bond Factor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.234 per share. The ex-dividend date of this dividend was 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.