Sharkey Howes & Javer Takes $758,000 Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Sharkey Howes & Javer purchased a new stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 16,131 shares of the company’s stock, valued at approximately $758,000. Sharkey Howes & Javer owned approximately 0.13% of iShares High Yield Bond Factor ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in shares of iShares High Yield Bond Factor ETF by 115.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 93,620 shares of the company’s stock valued at $4,499,000 after purchasing an additional 50,116 shares in the last quarter. Apollon Wealth Management LLC raised its holdings in shares of iShares High Yield Bond Factor ETF by 17.3% during the 3rd quarter. Apollon Wealth Management LLC now owns 28,214 shares of the company’s stock valued at $1,356,000 after purchasing an additional 4,163 shares in the last quarter. Merit Financial Group LLC bought a new position in shares of iShares High Yield Bond Factor ETF during the 4th quarter valued at $339,000. Sanctuary Advisors LLC raised its holdings in shares of iShares High Yield Bond Factor ETF by 9.0% during the 4th quarter. Sanctuary Advisors LLC now owns 96,233 shares of the company’s stock valued at $4,582,000 after purchasing an additional 7,922 shares in the last quarter. Finally, Strategic Wealth Investment Group LLC bought a new position in shares of iShares High Yield Bond Factor ETF during the 4th quarter valued at $1,113,000.

iShares High Yield Bond Factor ETF Trading Up 1.9 %

Shares of HYDB opened at $47.80 on Friday. iShares High Yield Bond Factor ETF has a one year low of $49.60 and a one year high of $51.73. The company’s fifty day moving average price is $47.32 and its 200 day moving average price is $47.47.

iShares High Yield Bond Factor ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be issued a $0.234 dividend. The ex-dividend date is Monday, March 3rd.

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.