iShares High Yield Bond Factor ETF (BATS:HYDB) Reaches New 12-Month Low – What’s Next?

Shares of iShares High Yield Bond Factor ETF (BATS:HYDB) reached a new 52-week low on Monday . The stock traded as low as $47.48 and last traded at $47.59, with a volume of 163218 shares changing hands. The stock had previously closed at $47.48.

iShares High Yield Bond Factor ETF Stock Down 0.2 %

The firm has a 50 day moving average price of $47.58 and a two-hundred day moving average price of $47.22.

Institutional Trading of iShares High Yield Bond Factor ETF

Large investors have recently bought and sold shares of the stock. SWAN Capital LLC bought a new position in shares of iShares High Yield Bond Factor ETF during the third quarter valued at $25,000. Larson Financial Group LLC bought a new position in iShares High Yield Bond Factor ETF during the 2nd quarter valued at about $25,000. Concourse Financial Group Securities Inc. boosted its position in iShares High Yield Bond Factor ETF by 336.2% in the third quarter. Concourse Financial Group Securities Inc. now owns 759 shares of the company’s stock valued at $36,000 after buying an additional 585 shares in the last quarter. First Horizon Advisors Inc. grew its stake in iShares High Yield Bond Factor ETF by 76.4% during the third quarter. First Horizon Advisors Inc. now owns 905 shares of the company’s stock worth $43,000 after buying an additional 392 shares during the last quarter. Finally, Family Asset Management LLC acquired a new stake in shares of iShares High Yield Bond Factor ETF during the second quarter worth approximately $55,000.

About iShares High Yield Bond Factor ETF

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.