iShares High Yield Bond Factor ETF (BATS:HYDB) Sets New 1-Year Low at $47.19

iShares High Yield Bond Factor ETF (BATS:HYDB)’s share price reached a new 52-week low on Monday . The stock traded as low as $47.19 and last traded at $47.30, with a volume of 73389 shares. The stock had previously closed at $47.21.

iShares High Yield Bond Factor ETF Stock Up 0.2 %

The stock’s fifty day moving average price is $46.64 and its 200-day moving average price is $46.41.

iShares High Yield Bond Factor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were given a $0.275 dividend. The ex-dividend date of this dividend was Monday, July 1st.

Institutional Investors Weigh In On iShares High Yield Bond Factor ETF

Several hedge funds have recently made changes to their positions in HYDB. Larson Financial Group LLC purchased a new position in iShares High Yield Bond Factor ETF during the second quarter valued at $25,000. Mather Group LLC. purchased a new position in iShares High Yield Bond Factor ETF during the 1st quarter valued at about $44,000. Family Asset Management LLC purchased a new stake in iShares High Yield Bond Factor ETF in the second quarter worth about $55,000. Sunbelt Securities Inc. increased its stake in shares of iShares High Yield Bond Factor ETF by 76.7% during the first quarter. Sunbelt Securities Inc. now owns 1,825 shares of the company’s stock valued at $85,000 after purchasing an additional 792 shares in the last quarter. Finally, Geneos Wealth Management Inc. purchased a new position in shares of iShares High Yield Bond Factor ETF during the first quarter valued at approximately $98,000.

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.