iShares High Yield Bond Factor ETF (BATS:HYDB) Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers boosted its holdings in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 43.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 442,491 shares of the company’s stock after acquiring an additional 134,244 shares during the quarter. Cetera Investment Advisers’ holdings in iShares High Yield Bond Factor ETF were worth $20,801,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Retirement Wealth Solutions LLC purchased a new position in shares of iShares High Yield Bond Factor ETF during the 4th quarter worth $29,000. LGT Financial Advisors LLC acquired a new position in iShares High Yield Bond Factor ETF in the fourth quarter valued at about $30,000. GeoWealth Management LLC boosted its stake in iShares High Yield Bond Factor ETF by 391.8% during the fourth quarter. GeoWealth Management LLC now owns 659 shares of the company’s stock worth $31,000 after buying an additional 525 shares during the period. Synergy Asset Management LLC acquired a new stake in shares of iShares High Yield Bond Factor ETF during the fourth quarter valued at about $37,000. Finally, Adirondack Trust Co. increased its position in shares of iShares High Yield Bond Factor ETF by 59.2% during the fourth quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock valued at $41,000 after acquiring an additional 328 shares during the last quarter.

iShares High Yield Bond Factor ETF Stock Performance

Shares of HYDB stock opened at $46.15 on Friday. The firm’s 50 day moving average price is $46.39 and its 200-day moving average price is $47.07. iShares High Yield Bond Factor ETF has a one year low of $44.04 and a one year high of $48.10.

iShares High Yield Bond Factor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.234 dividend. The ex-dividend date of this dividend was Monday, March 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.