iShares High Yield Bond Factor ETF (BATS:HYDB) Hits New 12-Month Low – Time to Sell?

iShares High Yield Bond Factor ETF (BATS:HYDB)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as $47.16 and last traded at $47.38, with a volume of 162202 shares traded. The stock had previously closed at $46.91.

iShares High Yield Bond Factor ETF Trading Up 0.9 %

The stock’s fifty day simple moving average is $47.31 and its two-hundred day simple moving average is $47.41.

iShares High Yield Bond Factor ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.2874 dividend. This is a boost from iShares High Yield Bond Factor ETF’s previous dividend of $0.28. The ex-dividend date was Monday, February 3rd.

Institutional Investors Weigh In On iShares High Yield Bond Factor ETF

Several institutional investors and hedge funds have recently made changes to their positions in HYDB. SWAN Capital LLC acquired a new stake in shares of iShares High Yield Bond Factor ETF during the third quarter worth $25,000. Retirement Wealth Solutions LLC bought a new stake in iShares High Yield Bond Factor ETF during the fourth quarter valued at $29,000. Concourse Financial Group Securities Inc. grew its holdings in iShares High Yield Bond Factor ETF by 336.2% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 759 shares of the company’s stock worth $36,000 after acquiring an additional 585 shares during the period. Synergy Asset Management LLC acquired a new stake in iShares High Yield Bond Factor ETF during the 4th quarter worth about $37,000. Finally, Adirondack Trust Co. raised its position in shares of iShares High Yield Bond Factor ETF by 59.2% in the 4th quarter. Adirondack Trust Co. now owns 882 shares of the company’s stock worth $41,000 after acquiring an additional 328 shares in the last quarter.

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.