Atomi Financial Group Inc. Has $7.90 Million Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Atomi Financial Group Inc. grew its holdings in iShares High Yield Bond Factor ETF (BATS:HYDB) by 44.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 168,089 shares of the company’s stock after acquiring an additional 51,389 shares during the quarter. Atomi Financial Group Inc.’s holdings in iShares High Yield Bond Factor ETF were worth $7,902,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of HYDB. Bank of New York Mellon Corp raised its holdings in iShares High Yield Bond Factor ETF by 3.2% during the second quarter. Bank of New York Mellon Corp now owns 9,273 shares of the company’s stock worth $431,000 after acquiring an additional 285 shares in the last quarter. Mercer Global Advisors Inc. ADV acquired a new stake in shares of iShares High Yield Bond Factor ETF during the second quarter worth $746,000. Ascent Group LLC boosted its holdings in iShares High Yield Bond Factor ETF by 6.8% in the 2nd quarter. Ascent Group LLC now owns 4,622 shares of the company’s stock valued at $215,000 after purchasing an additional 293 shares during the period. Cetera Investment Advisers grew its position in iShares High Yield Bond Factor ETF by 58.1% during 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 in the last quarter. Finally, Kestra Investment Management LLC bought a new position in shares of iShares High Yield Bond Factor ETF in the second quarter worth $14,412,000.

iShares High Yield Bond Factor ETF Stock Performance

Shares of HYDB opened at $47.43 on Tuesday. The firm has a 50 day simple moving average of $47.37 and a two-hundred day simple moving average of $47.33. iShares High Yield Bond Factor ETF has a one year low of $49.60 and a one year high of $51.73.

About iShares High Yield Bond Factor ETF

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.