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

Quadrant Private Wealth Management LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 11,237 shares of the company’s stock, valued at approximately $528,000. Quadrant Private Wealth Management LLC owned about 0.09% of iShares High Yield Bond Factor ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. SWAN Capital LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF during the 3rd quarter valued at about $25,000. Retirement Wealth Solutions LLC bought a new position in shares of iShares High Yield Bond Factor ETF during the 4th quarter valued at approximately $29,000. Concourse Financial Group Securities Inc. increased its holdings in iShares High Yield Bond Factor ETF by 336.2% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 759 shares of the company’s stock worth $36,000 after acquiring an additional 585 shares in the last quarter. Synergy Asset Management LLC purchased a new stake in iShares High Yield Bond Factor ETF in the 4th quarter worth approximately $37,000. Finally, Adirondack Trust Co. increased its holdings in 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 worth $41,000 after acquiring an additional 328 shares in the last quarter.

iShares High Yield Bond Factor ETF Price Performance

iShares High Yield Bond Factor ETF stock opened at $47.52 on Friday. The firm has a 50 day moving average of $47.29 and a 200 day moving average of $47.41. iShares High Yield Bond Factor ETF has a 12-month low of $49.60 and a 12-month high of $51.73.

iShares High Yield Bond Factor ETF Increases Dividend

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