130,967 Shares in iShares High Yield Bond Factor ETF (BATS:HYDB) Purchased by Synergy Asset Management LLC

Synergy Asset Management LLC acquired a new stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) in the second quarter, HoldingsChannel.com reports. The firm acquired 130,967 shares of the company’s stock, valued at approximately $6,082,000. iShares High Yield Bond Factor ETF accounts for approximately 1.0% of Synergy Asset Management LLC’s portfolio, making the stock its 24th biggest position.

Several other large investors have also bought and sold shares of HYDB. Larson Financial Group LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF during the second quarter valued at approximately $25,000. Mather Group LLC. bought a new stake in shares of iShares High Yield Bond Factor ETF in the 1st quarter worth $44,000. Family Asset Management LLC bought a new position in shares of iShares High Yield Bond Factor ETF during the second quarter valued at $55,000. Sunbelt Securities Inc. raised its position in iShares High Yield Bond Factor ETF by 76.7% in the 1st quarter. Sunbelt Securities Inc. now owns 1,825 shares of the company’s stock worth $85,000 after buying an additional 792 shares during the last quarter. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of iShares High Yield Bond Factor ETF during the 1st quarter valued at about $98,000.

iShares High Yield Bond Factor ETF Stock Up 0.3 %

iShares High Yield Bond Factor ETF stock traded up $0.16 during midday trading on Friday, reaching $47.48. 585,026 shares of the company traded hands. iShares High Yield Bond Factor ETF has a 12 month low of $49.60 and a 12 month high of $51.73. The business has a 50 day moving average of $46.93 and a two-hundred day moving average of $46.53.

iShares High Yield Bond Factor ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd will be issued a dividend of $0.2779 per share. This is a boost from iShares High Yield Bond Factor ETF’s previous dividend of $0.28. The ex-dividend date is Tuesday, September 3rd.

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.