ICA Group Wealth Management LLC Sells 1,097 Shares of iShares High Yield Bond Factor ETF (BATS:HYDB)

ICA Group Wealth Management LLC lowered its position in iShares High Yield Bond Factor ETF (BATS:HYDB) by 34.2% in the 2nd quarter, Holdings Channel reports. The fund owned 2,106 shares of the company’s stock after selling 1,097 shares during the quarter. ICA Group Wealth Management LLC’s holdings in iShares High Yield Bond Factor ETF were worth $98,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Captrust Financial Advisors purchased a new position in iShares High Yield Bond Factor ETF during the 1st quarter valued at about $28,429,000. State of New Jersey Common Pension Fund D lifted its holdings in shares of iShares High Yield Bond Factor ETF by 102.6% during the second quarter. State of New Jersey Common Pension Fund D now owns 1,013,120 shares of the company’s stock valued at $47,049,000 after purchasing an additional 513,120 shares during the last quarter. Arden Trust Co bought a new stake in shares of iShares High Yield Bond Factor ETF in the 1st quarter worth approximately $9,199,000. Cetera Investment Advisers grew its stake in shares of iShares High Yield Bond Factor ETF by 386.9% in the 1st quarter. Cetera Investment Advisers now owns 201,213 shares of the company’s stock worth $9,401,000 after buying an additional 159,889 shares during the last quarter. Finally, Synergy Asset Management LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF in the 2nd quarter worth approximately $6,082,000.

iShares High Yield Bond Factor ETF Trading Up 0.2 %

Shares of BATS:HYDB opened at $47.62 on Monday. The stock has a fifty day simple moving average of $47.06 and a two-hundred day simple moving average of $46.58. iShares High Yield Bond Factor ETF has a 12-month low of $49.60 and a 12-month high of $51.73.

iShares High Yield Bond Factor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.2779 dividend. The ex-dividend date was Tuesday, September 3rd. This is a positive change from iShares High Yield Bond Factor ETF’s previous dividend of $0.28.

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.