Breakwater Capital Group Takes Position in iShares High Yield Systematic Bond ETF (BATS:HYDB)

Breakwater Capital Group bought a new stake in shares of iShares High Yield Systematic Bond ETF (BATS:HYDB) during the 1st quarter, Holdings Channel.com reports. The firm bought 7,011 shares of the company’s stock, valued at approximately $330,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Independent Advisor Alliance purchased a new position in iShares High Yield Systematic Bond ETF in the 4th quarter worth approximately $367,000. Raymond James Financial Inc. acquired a new position in shares of iShares High Yield Systematic Bond ETF during the fourth quarter worth $4,010,000. United Capital Financial Advisors LLC boosted its stake in shares of iShares High Yield Systematic Bond ETF by 204.7% in the fourth quarter. United Capital Financial Advisors LLC now owns 147,930 shares of the company’s stock valued at $6,954,000 after purchasing an additional 99,386 shares during the period. Envestnet Portfolio Solutions Inc. boosted its stake in shares of iShares High Yield Systematic Bond ETF by 1,572.9% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 329,048 shares of the company’s stock valued at $15,469,000 after purchasing an additional 309,379 shares during the period. Finally, Stifel Financial Corp grew its holdings in iShares High Yield Systematic Bond ETF by 219.3% during the 4th quarter. Stifel Financial Corp now owns 56,942 shares of the company’s stock valued at $2,677,000 after purchasing an additional 39,108 shares in the last quarter.

iShares High Yield Systematic Bond ETF Stock Down 0.7%

iShares High Yield Systematic Bond ETF stock opened at $46.60 on Friday. iShares High Yield Systematic Bond ETF has a 12-month low of $44.04 and a 12-month high of $48.10. The firm’s fifty day moving average price is $46.17 and its 200 day moving average price is $46.95.

iShares High Yield Systematic Bond 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.