11,058 Shares in iShares High Yield Bond Factor ETF (BATS:HYDB) Purchased by Cedar Point Capital Partners LLC

Posted by admin on Apr 27th, 2024

Cedar Point Capital Partners LLC acquired a new position in iShares High Yield Bond Factor ETF (BATS:HYDB – Free Report) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 11,058 shares of the company’s stock, valued at approximately $511,000.

A number of other hedge funds also recently added to or reduced their stakes in HYDB. BKM Wealth Management LLC purchased a new stake in iShares High Yield Bond Factor ETF during the 4th quarter valued at $33,000. NBC Securities Inc. purchased a new stake in iShares High Yield Bond Factor ETF during the 3rd quarter valued at $52,000. AdvisorNet Financial Inc purchased a new stake in iShares High Yield Bond Factor ETF during the 4th quarter valued at $58,000. Creative Financial Designs Inc. ADV purchased a new stake in iShares High Yield Bond Factor ETF during the 4th quarter valued at $61,000. Finally, Bay Harbor Wealth Management LLC purchased a new stake in iShares High Yield Bond Factor ETF during the 4th quarter valued at $103,000.

iShares High Yield Bond Factor ETF Price Performance

HYDB traded up $0.15 during mid-day trading on Friday, reaching $46.13. 46,859 shares of the company traded hands. The company’s fifty day moving average price is $46.23 and its 200-day moving average price is $45.65. iShares High Yield Bond Factor ETF has a 52-week low of $49.60 and a 52-week high of $51.73.

iShares High Yield Bond Factor ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.3264 per share. This is an increase from iShares High Yield Bond Factor ETF’s previous dividend of $0.29. The ex-dividend date was Monday, April 1st.

About iShares High Yield Bond Factor ETF

(Free Report)

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.