Strategic Wealth Investment Group LLC Purchases Shares of 23,683 iShares High Yield Bond Factor ETF (BATS:HYDB)

Strategic Wealth Investment Group LLC acquired a new position in iShares High Yield Bond Factor ETF (BATS:HYDB) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 23,683 shares of the company’s stock, valued at approximately $1,113,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of HYDB. Ascent Group LLC lifted its stake in iShares High Yield Bond Factor ETF by 6.8% in the second quarter. Ascent Group LLC now owns 4,622 shares of the company’s stock worth $215,000 after acquiring an additional 293 shares during the period. Cetera Investment Advisers increased its position in shares of iShares High Yield Bond Factor ETF by 58.1% during the second quarter. Cetera Investment Advisers now owns 318,093 shares of the company’s stock valued at $14,772,000 after buying an additional 116,880 shares during the period. Kestra Investment Management LLC bought a new position in iShares High Yield Bond Factor ETF in the second quarter worth about $14,412,000. Summit Wealth Partners LLC boosted its position in iShares High Yield Bond Factor ETF by 48.5% during the 2nd quarter. Summit Wealth Partners LLC now owns 10,537 shares of the company’s stock valued at $489,000 after acquiring an additional 3,441 shares in the last quarter. Finally, Mather Group LLC. lifted its stake in shares of iShares High Yield Bond Factor ETF by 56.3% in the 3rd quarter. Mather Group LLC. now owns 3,254 shares of the company’s stock valued at $156,000 after purchasing an additional 1,172 shares during the period.

iShares High Yield Bond Factor ETF Stock Performance

BATS HYDB opened at $47.62 on Tuesday. The stock’s 50 day moving average is $47.37 and its 200 day moving average is $47.37. iShares High Yield Bond Factor ETF has a twelve month low of $49.60 and a twelve month high of $51.73.

iShares High Yield Bond Factor ETF Company 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.