Apollon Wealth Management LLC Increases Stock Holdings in iShares High Yield Bond Factor ETF (BATS:HYDB)

Apollon Wealth Management LLC lifted its stake in iShares High Yield Bond Factor ETF (BATS:HYDB) by 10.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 31,129 shares of the company’s stock after purchasing an additional 2,915 shares during the quarter. Apollon Wealth Management LLC owned about 0.25% of iShares High Yield Bond Factor ETF worth $1,463,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. SWAN Capital LLC purchased a new position in iShares High Yield Bond Factor ETF in the 3rd quarter worth $25,000. Retirement Wealth Solutions LLC purchased a new position in iShares High Yield Bond Factor ETF during the 4th quarter worth approximately $29,000. Concourse Financial Group Securities Inc. raised its holdings in shares of iShares High Yield Bond Factor ETF by 336.2% during the third quarter. Concourse Financial Group Securities Inc. now owns 759 shares of the company’s stock worth $36,000 after purchasing an additional 585 shares during the last quarter. Synergy Asset Management LLC acquired a new position in iShares High Yield Bond Factor ETF during the fourth quarter valued at $37,000. Finally, Adirondack Trust Co. boosted its holdings in iShares High Yield Bond Factor ETF by 59.2% in the fourth quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock valued at $41,000 after purchasing an additional 328 shares during the last quarter.

iShares High Yield Bond Factor ETF Trading Up 1.0 %

BATS HYDB opened at $47.38 on Tuesday. The stock has a 50-day simple moving average of $47.31 and a two-hundred day simple moving average of $47.40. 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 firm also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2874 per share. The ex-dividend date was Monday, February 3rd. This is a boost from iShares High Yield Bond Factor ETF’s previous dividend of $0.28.

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.