Kelly Financial Services LLC Takes $3.77 Million Position in iShares High Yield Bond Factor ETF (BATS:HYDB)

Kelly Financial Services LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF (BATS:HYDB) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 80,181 shares of the company’s stock, valued at approximately $3,769,000. iShares High Yield Bond Factor ETF makes up approximately 1.1% of Kelly Financial Services LLC’s holdings, making the stock its 28th biggest holding. Kelly Financial Services LLC owned about 0.65% of iShares High Yield Bond Factor ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of HYDB. SWAN Capital LLC purchased a new stake in shares of iShares High Yield Bond Factor ETF during the third quarter worth $25,000. Retirement Wealth Solutions LLC bought a new stake in shares of iShares High Yield Bond Factor ETF during the 4th quarter valued at $29,000. Concourse Financial Group Securities Inc. lifted its holdings in iShares High Yield Bond Factor ETF by 336.2% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 759 shares of the company’s stock worth $36,000 after purchasing an additional 585 shares in the last quarter. First Horizon Advisors Inc. boosted its stake in iShares High Yield Bond Factor ETF by 76.4% in the 3rd quarter. First Horizon Advisors Inc. now owns 905 shares of the company’s stock worth $43,000 after purchasing an additional 392 shares during the period. Finally, Mather Group LLC. grew its holdings in 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 buying an additional 1,172 shares in the last quarter.

iShares High Yield Bond Factor ETF Price Performance

Shares of iShares High Yield Bond Factor ETF stock opened at $47.43 on Friday. The company’s 50-day moving average price is $47.38 and its 200-day moving average price is $47.32. iShares High Yield Bond Factor ETF has a 12-month low of $49.60 and a 12-month 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.