Cypress Wealth Services LLC Purchases New Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Cypress Wealth Services LLC purchased a new position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 5,987 shares of the company’s stock, valued at approximately $281,000.

Several other institutional investors also recently bought and sold shares of the business. Assetmark Inc. lifted its holdings in iShares High Yield Bond Factor ETF by 97.9% during the third quarter. Assetmark Inc. now owns 591,870 shares of the company’s stock valued at $28,445,000 after purchasing an additional 292,788 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares High Yield Bond Factor ETF by 12.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 582,228 shares of the company’s stock valued at $27,039,000 after buying an additional 64,834 shares in the last quarter. Kestra Investment Management LLC boosted its holdings in iShares High Yield Bond Factor ETF by 39.1% in the 3rd quarter. Kestra Investment Management LLC now owns 431,738 shares of the company’s stock worth $20,749,000 after buying an additional 121,404 shares during the last quarter. Cetera Investment Advisers increased its stake in iShares High Yield Bond Factor ETF by 58.1% during the 2nd quarter. Cetera Investment Advisers now owns 318,093 shares of the company’s stock worth $14,772,000 after buying an additional 116,880 shares in the last quarter. Finally, Cornerstone Planning Group LLC raised its holdings in shares of iShares High Yield Bond Factor ETF by 9.0% during the third quarter. Cornerstone Planning Group LLC now owns 301,461 shares of the company’s stock valued at $14,334,000 after acquiring an additional 24,892 shares during the last quarter.

iShares High Yield Bond Factor ETF Stock Up 1.1 %

Shares of BATS:HYDB opened at $47.43 on Friday. iShares High Yield Bond Factor ETF has a 1 year low of $49.60 and a 1 year high of $51.73. The business’s 50 day moving average price is $47.38 and its 200-day moving average price is $47.31.

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.