Prime Capital Investment Advisors LLC Sells 1,328 Shares of iShares High Yield Bond Factor ETF (BATS:HYDB)

Prime Capital Investment Advisors LLC reduced its stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 13.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,392 shares of the company’s stock after selling 1,328 shares during the quarter. Prime Capital Investment Advisors LLC owned about 0.07% of iShares High Yield Bond Factor ETF worth $403,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Bank of New York Mellon Corp increased its position in shares of iShares High Yield Bond Factor ETF by 3.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 9,273 shares of the company’s stock valued at $431,000 after purchasing an additional 285 shares during the last quarter. Ascent Group LLC increased its position in iShares High Yield Bond Factor ETF by 6.8% during the second quarter. Ascent Group LLC now owns 4,622 shares of the company’s stock valued at $215,000 after acquiring an additional 293 shares during the last quarter. Rovin Capital UT ADV raised its stake in shares of 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. Watershed Private Wealth LLC lifted its holdings in shares of iShares High Yield Bond Factor ETF by 5.5% in the 2nd quarter. Watershed Private Wealth LLC now owns 9,186 shares of the company’s stock worth $427,000 after acquiring an additional 478 shares during the last quarter. Finally, Continuum Advisory LLC boosted its stake in shares of iShares High Yield Bond Factor ETF by 1.5% during the 2nd quarter. Continuum Advisory LLC now owns 34,775 shares of the company’s stock worth $1,615,000 after purchasing an additional 508 shares during the period.

iShares High Yield Bond Factor ETF Trading Down 0.1 %

Shares of BATS:HYDB opened at $47.43 on Friday. iShares High Yield Bond Factor ETF has a 12 month low of $49.60 and a 12 month high of $51.73. The firm’s 50-day moving average is $47.61 and its 200 day moving average is $47.02.

iShares High Yield Bond Factor ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.2779 dividend. This is an increase from iShares High Yield Bond Factor ETF’s previous dividend of $0.28. The ex-dividend date was Tuesday, September 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.