iShares High Yield Bond Factor ETF (BATS:HYDB) Position Decreased by IMA Wealth Inc.

IMA Wealth Inc. trimmed its position in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 0.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 251,301 shares of the company’s stock after selling 1,497 shares during the quarter. iShares High Yield Bond Factor ETF comprises about 5.8% of IMA Wealth Inc.’s portfolio, making the stock its 3rd largest holding. IMA Wealth Inc. owned about 0.06% of iShares High Yield Bond Factor ETF worth $11,610,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Commonwealth Equity Services LLC increased its stake in iShares High Yield Bond Factor ETF by 29.9% in the third quarter. Commonwealth Equity Services LLC now owns 9,514 shares of the company’s stock valued at $418,000 after purchasing an additional 2,190 shares during the last quarter. Armor Investment Advisors LLC increased its stake in iShares High Yield Bond Factor ETF by 2.2% in the third quarter. Armor Investment Advisors LLC now owns 16,818 shares of the company’s stock valued at $739,000 after purchasing an additional 369 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in iShares High Yield Bond Factor ETF by 16.4% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 12,442 shares of the company’s stock valued at $547,000 after purchasing an additional 1,755 shares during the last quarter. Rovin Capital UT ADV increased its stake in iShares High Yield Bond Factor ETF by 12.5% in the third quarter. Rovin Capital UT ADV now owns 20,313 shares of the company’s stock valued at $892,000 after purchasing an additional 2,254 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. increased its stake in iShares High Yield Bond Factor ETF by 7.3% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 182,153 shares of the company’s stock valued at $8,002,000 after purchasing an additional 12,370 shares during the last quarter.

iShares High Yield Bond Factor ETF Stock Performance

iShares High Yield Bond Factor ETF stock traded up $0.15 during mid-day trading on Friday, hitting $46.13. The company had a trading volume of 46,859 shares. iShares High Yield Bond Factor ETF has a 1 year low of $49.60 and a 1 year high of $51.73. The business has a fifty day moving average of $46.23 and a 200 day moving average of $45.65.

iShares High Yield Bond Factor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a $0.3264 dividend. This is a positive change from iShares High Yield Bond Factor ETF’s previous dividend of $0.29. The ex-dividend date was Monday, April 1st.

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.