Synergy Asset Management LLC Takes $37,000 Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Synergy Asset Management LLC purchased a new position in iShares High Yield Bond Factor ETF (BATS:HYDB) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 779 shares of the company’s stock, valued at approximately $37,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in HYDB. Kingsview Wealth Management LLC increased its stake in iShares High Yield Bond Factor ETF by 1.6% in the 3rd quarter. Kingsview Wealth Management LLC now owns 13,959 shares of the company’s stock worth $671,000 after acquiring an additional 217 shares during the last quarter. Glass Jacobson Investment Advisors llc raised its stake in iShares High Yield Bond Factor ETF by 4.3% in the third quarter. Glass Jacobson Investment Advisors llc now owns 7,662 shares of the company’s stock valued at $368,000 after purchasing an additional 316 shares in the last quarter. Adirondack Trust Co. raised its stake in iShares High Yield Bond Factor ETF by 59.2% in the fourth quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock valued at $41,000 after purchasing an additional 328 shares in the last quarter. Rovin Capital UT ADV grew its stake in iShares High Yield Bond Factor ETF by 1.7% in the 3rd quarter. Rovin Capital UT ADV now owns 22,356 shares of the company’s stock worth $1,074,000 after buying an additional 378 shares in the last quarter. Finally, MML Investors Services LLC increased its holdings in shares of iShares High Yield Bond Factor ETF by 0.8% in the 3rd quarter. MML Investors Services LLC now owns 47,070 shares of the company’s stock worth $2,262,000 after buying an additional 386 shares during the last quarter.

iShares High Yield Bond Factor ETF Stock Up 1.3 %

BATS HYDB opened at $47.51 on Friday. iShares High Yield Bond Factor ETF has a 52-week low of $49.60 and a 52-week high of $51.73. The company has a fifty day moving average of $47.37 and a 200-day moving average of $47.38.

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.