Cobblestone Asset Management LLC Makes New Investment in iShares High Yield Bond Factor ETF (BATS:HYDB)

Cobblestone Asset Management LLC bought a new position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 4,941 shares of the company’s stock, valued at approximately $232,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. CFS Investment Advisory Services LLC grew its holdings in iShares High Yield Bond Factor ETF by 246.8% during the fourth quarter. CFS Investment Advisory Services LLC now owns 19,361 shares of the company’s stock valued at $910,000 after purchasing an additional 13,778 shares during the period. Cyndeo Wealth Partners LLC bought a new stake in iShares High Yield Bond Factor ETF in the 4th quarter valued at $271,000. Dynamic Advisor Solutions LLC lifted its holdings in shares of iShares High Yield Bond Factor ETF by 44.8% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 37,132 shares of the company’s stock valued at $1,746,000 after purchasing an additional 11,492 shares in the last quarter. Cottonwood Capital Advisors LLC boosted its position in shares of iShares High Yield Bond Factor ETF by 8.3% during the fourth quarter. Cottonwood Capital Advisors LLC now owns 89,972 shares of the company’s stock worth $4,230,000 after buying an additional 6,862 shares during the period. Finally, Exchange Traded Concepts LLC acquired a new position in shares of iShares High Yield Bond Factor ETF during the fourth quarter worth about $601,000.

iShares High Yield Bond Factor ETF Price Performance

Shares of iShares High Yield Bond Factor ETF stock opened at $47.56 on Monday. iShares High Yield Bond Factor ETF has a 52-week low of $49.60 and a 52-week high of $51.73. The business’s 50 day simple moving average is $47.37 and its 200 day simple moving average is $47.36.

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.