iShares High Yield Bond Factor ETF (BATS:HYDB) Hits New 12-Month Low – What’s Next?

iShares High Yield Bond Factor ETF (BATS:HYDB) hit a new 52-week low during trading on Monday . The stock traded as low as $47.16 and last traded at $47.53, with a volume of 162202 shares traded. The stock had previously closed at $46.91.

iShares High Yield Bond Factor ETF Stock Up 1.4 %

The company has a 50-day simple moving average of $47.27 and a 200 day simple moving average of $47.45.

iShares High Yield Bond Factor ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.2874 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from iShares High Yield Bond Factor ETF’s previous dividend of $0.28.

Institutional Trading of iShares High Yield Bond Factor ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. SWAN Capital LLC bought a new stake in shares of iShares High Yield Bond Factor ETF during the third quarter valued at approximately $25,000. Retirement Wealth Solutions LLC acquired a new position in shares of iShares High Yield Bond Factor ETF in the 4th quarter valued at $29,000. LGT Financial Advisors LLC acquired a new position in shares of iShares High Yield Bond Factor ETF in the 4th quarter valued at $30,000. GeoWealth Management LLC lifted its holdings in shares of iShares High Yield Bond Factor ETF by 391.8% during the 4th quarter. GeoWealth Management LLC now owns 659 shares of the company’s stock worth $31,000 after acquiring an additional 525 shares during the period. Finally, Synergy Asset Management LLC acquired a new stake in shares of iShares High Yield Bond Factor ETF during the 4th quarter valued at about $37,000.

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.