Capital Investment Advisors LLC Raises Holdings in iShares High Yield Bond Factor ETF (BATS:HYDB)

Capital Investment Advisors LLC lifted its stake in iShares High Yield Bond Factor ETF (BATS:HYDB) by 18.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 7,452 shares of the company’s stock after acquiring an additional 1,172 shares during the quarter. Capital Investment Advisors LLC’s holdings in iShares High Yield Bond Factor ETF were worth $350,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Assetmark Inc. boosted its stake in shares of iShares High Yield Bond Factor ETF by 97.9% in the third quarter. Assetmark Inc. now owns 591,870 shares of the company’s stock worth $28,445,000 after buying an additional 292,788 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of iShares High Yield Bond Factor ETF by 12.5% in the second quarter. Envestnet Asset Management Inc. now owns 582,228 shares of the company’s stock worth $27,039,000 after buying an additional 64,834 shares during the last quarter. Kestra Investment Management LLC boosted its stake in shares of iShares High Yield Bond Factor ETF by 39.1% in the third 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 boosted its stake in shares of iShares High Yield Bond Factor ETF by 58.1% in the second 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 during the last quarter. Finally, Cornerstone Planning Group LLC boosted its stake in shares of iShares High Yield Bond Factor ETF by 9.0% in the third quarter. Cornerstone Planning Group LLC now owns 301,461 shares of the company’s stock worth $14,334,000 after buying an additional 24,892 shares during the last quarter.

iShares High Yield Bond Factor ETF Stock Performance

Shares of HYDB opened at $47.29 on Thursday. iShares High Yield Bond Factor ETF has a 52 week low of $49.60 and a 52 week high of $51.73. The stock’s 50-day moving average price is $47.39 and its 200-day moving average price is $47.30.

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.