Triad Wealth Partners LLC Buys 4,496 Shares of iShares High Yield Bond Factor ETF (BATS:HYDB)

Triad Wealth Partners LLC boosted its position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 7.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 62,433 shares of the company’s stock after acquiring an additional 4,496 shares during the period. iShares High Yield Bond Factor ETF accounts for about 1.1% of Triad Wealth Partners LLC’s investment portfolio, making the stock its 24th largest position. Triad Wealth Partners LLC owned about 0.51% of iShares High Yield Bond Factor ETF worth $2,935,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in HYDB. Synergy Investment Management LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF in the fourth quarter worth $357,000. TSA Wealth Managment LLC purchased a new stake in iShares High Yield Bond Factor ETF in the 4th quarter worth $1,162,000. Steward Partners Investment Advisory LLC raised its holdings in iShares High Yield Bond Factor ETF by 472.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 8,290 shares of the company’s stock valued at $390,000 after acquiring an additional 6,843 shares during the period. Meridian Wealth Management LLC lifted its position in shares of iShares High Yield Bond Factor ETF by 7.2% in the fourth quarter. Meridian Wealth Management LLC now owns 6,461 shares of the company’s stock valued at $304,000 after acquiring an additional 432 shares in the last quarter. Finally, Shared Vision Wealth Group LLC bought a new position in shares of iShares High Yield Bond Factor ETF in the fourth quarter worth about $420,000.

iShares High Yield Bond Factor ETF Trading Up 1.1 %

BATS:HYDB opened at $47.41 on Wednesday. The stock has a 50-day moving average price of $47.33 and a 200 day moving average price of $47.48. 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 Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.234 per share. The ex-dividend date of this dividend is Monday, March 3rd.

iShares High Yield Bond Factor ETF 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.