JB Capital LLC Takes Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

JB Capital LLC bought a new stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 6,627 shares of the company’s stock, valued at approximately $312,000.

Other hedge funds have also modified their holdings of the company. Mather Group LLC. increased its position in iShares High Yield Bond Factor ETF by 56.3% in the 3rd quarter. Mather Group LLC. now owns 3,254 shares of the company’s stock worth $156,000 after purchasing an additional 1,172 shares during the last quarter. JPMorgan Chase & Co. increased its position in iShares High Yield Bond Factor ETF by 115.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 93,620 shares of the company’s stock worth $4,499,000 after purchasing an additional 50,116 shares during the last quarter. Foundations Investment Advisors LLC increased its position in iShares High Yield Bond Factor ETF by 6.4% in the 3rd quarter. Foundations Investment Advisors LLC now owns 10,321 shares of the company’s stock worth $496,000 after purchasing an additional 624 shares during the last quarter. Apollon Wealth Management LLC increased its position in iShares High Yield Bond Factor ETF by 17.3% in the 3rd quarter. Apollon Wealth Management LLC now owns 28,214 shares of the company’s stock worth $1,356,000 after purchasing an additional 4,163 shares during the last quarter. Finally, Merit Financial Group LLC acquired a new position in iShares High Yield Bond Factor ETF in the 4th quarter worth about $339,000.

iShares High Yield Bond Factor ETF Stock Up 0.6 %

Shares of HYDB stock opened at $47.19 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 stock’s 50-day moving average is $47.36 and its two-hundred day moving average is $47.39.

iShares High Yield Bond Factor ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be issued a dividend of $0.2874 per share. This is a positive change from iShares High Yield Bond Factor ETF’s previous dividend of $0.28. The ex-dividend date is Monday, February 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.