Madrona Financial Services LLC Decreases Stake in iShares High Yield Bond Factor ETF (BATS:HYDB)

Madrona Financial Services LLC cut its holdings in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) by 3.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 6,956 shares of the company’s stock after selling 281 shares during the quarter. Madrona Financial Services LLC’s holdings in iShares High Yield Bond Factor ETF were worth $327,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Mather Group LLC. increased its holdings in shares of iShares High Yield Bond Factor ETF by 56.3% during the 3rd quarter. Mather Group LLC. now owns 3,254 shares of the company’s stock valued at $156,000 after purchasing an additional 1,172 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares High Yield Bond Factor ETF by 115.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 93,620 shares of the company’s stock worth $4,499,000 after purchasing an additional 50,116 shares during the last quarter. Mercer Global Advisors Inc. ADV acquired a new stake in iShares High Yield Bond Factor ETF during the 2nd quarter worth $746,000. Summit Wealth Partners LLC boosted its stake in iShares High Yield Bond Factor ETF by 48.5% during the 2nd quarter. Summit Wealth Partners LLC now owns 10,537 shares of the company’s stock worth $489,000 after purchasing an additional 3,441 shares during the last quarter. Finally, Foundations Investment Advisors LLC boosted its stake in iShares High Yield Bond Factor ETF by 6.4% during the 3rd quarter. Foundations Investment Advisors LLC now owns 10,321 shares of the company’s stock worth $496,000 after purchasing an additional 624 shares during the last quarter.

iShares High Yield Bond Factor ETF Stock Up 1.0 %

Shares of HYDB opened at $47.40 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 firm’s fifty day moving average is $47.37 and its two-hundred day moving average is $47.34.

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.