iShares High Yield Bond Factor ETF (BATS:HYDB) is Outlook Wealth Advisors LLC’s 7th Largest Position

Outlook Wealth Advisors LLC grew its holdings in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 9.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 239,302 shares of the company’s stock after acquiring an additional 20,482 shares during the period. iShares High Yield Bond Factor ETF comprises about 3.3% of Outlook Wealth Advisors LLC’s investment portfolio, making the stock its 7th biggest holding. Outlook Wealth Advisors LLC owned approximately 1.95% of iShares High Yield Bond Factor ETF worth $11,501,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of HYDB. State of New Jersey Common Pension Fund D increased its stake in shares of iShares High Yield Bond Factor ETF by 102.6% in the second quarter. State of New Jersey Common Pension Fund D now owns 1,013,120 shares of the company’s stock worth $47,049,000 after buying an additional 513,120 shares during the last quarter. Captrust Financial Advisors bought a new stake in shares of iShares High Yield Bond Factor ETF in the 1st quarter worth about $28,429,000. Envestnet Asset Management Inc. raised its stake in shares of iShares High Yield Bond Factor ETF by 12.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 582,228 shares of the company’s stock valued at $27,039,000 after purchasing an additional 64,834 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of iShares High Yield Bond Factor ETF by 58.1% during the second quarter. Cetera Investment Advisers now owns 318,093 shares of the company’s stock worth $14,772,000 after purchasing an additional 116,880 shares during the last quarter. Finally, Kestra Investment Management LLC bought a new position in shares of iShares High Yield Bond Factor ETF during the second quarter worth about $14,412,000.

iShares High Yield Bond Factor ETF Price Performance

Shares of iShares High Yield Bond Factor ETF stock opened at $47.43 on Friday. The business has a 50-day moving average price of $47.60 and a 200 day moving average price of $46.85. iShares High Yield Bond Factor ETF has a fifty-two week low of $49.60 and a fifty-two week high of $51.73.

iShares High Yield Bond Factor ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.2779 dividend. This is an increase from iShares High Yield Bond Factor ETF’s previous dividend of $0.28. The ex-dividend date of this dividend was Tuesday, September 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.