Claro Advisors LLC Grows Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Claro Advisors LLC increased its holdings in iShares High Yield Bond Factor ETF (BATS:HYDB) by 43.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,790 shares of the company’s stock after acquiring an additional 7,538 shares during the quarter. Claro Advisors LLC owned about 0.20% of iShares High Yield Bond Factor ETF worth $1,191,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HYDB. Larson Financial Group LLC bought a new position in shares of iShares High Yield Bond Factor ETF during the second quarter valued at $25,000. Concourse Financial Group Securities Inc. raised its stake in iShares High Yield Bond Factor ETF by 336.2% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 759 shares of the company’s stock valued at $36,000 after purchasing an additional 585 shares during the period. Family Asset Management LLC bought a new stake in iShares High Yield Bond Factor ETF during the 2nd quarter valued at approximately $55,000. Mather Group LLC. increased its stake in iShares High Yield Bond Factor ETF by 120.3% in the 2nd quarter. Mather Group LLC. now owns 2,082 shares of the company’s stock worth $97,000 after acquiring an additional 1,137 shares during the last quarter. Finally, Comerica Bank increased its stake in iShares High Yield Bond Factor ETF by 417.4% in the 1st quarter. Comerica Bank now owns 2,856 shares of the company’s stock worth $133,000 after acquiring an additional 2,304 shares during the last quarter.

iShares High Yield Bond Factor ETF Price Performance

BATS HYDB opened at $47.43 on Monday. The business’s 50 day moving average price is $47.61 and its 200-day moving average price is $47.03. 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 announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.2779 dividend. This is a boost 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 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.