Buttonwood Financial Group LLC Boosts Stake in iShares High Yield Systematic Bond ETF (BATS:HYDB)

Buttonwood Financial Group LLC raised its holdings in iShares High Yield Systematic Bond ETF (BATS:HYDB) by 6.5% during the first quarter, Holdings Channel.com reports. The firm owned 7,577 shares of the company’s stock after purchasing an additional 463 shares during the period. iShares High Yield Systematic Bond ETF makes up 0.2% of Buttonwood Financial Group LLC’s holdings, making the stock its 27th biggest holding. Buttonwood Financial Group LLC’s holdings in iShares High Yield Systematic Bond ETF were worth $341,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Cranbrook Wealth Management LLC raised its position in iShares High Yield Systematic Bond ETF by 88.1% in the first quarter. Cranbrook Wealth Management LLC now owns 7,586 shares of the company’s stock valued at $357,000 after purchasing an additional 3,552 shares during the period. Breakwater Capital Group purchased a new stake in shares of iShares High Yield Systematic Bond ETF in the 1st quarter valued at $330,000. Cypress Wealth Services LLC raised its holdings in shares of iShares High Yield Systematic Bond ETF by 11.7% in the 1st quarter. Cypress Wealth Services LLC now owns 6,687 shares of the company’s stock valued at $315,000 after buying an additional 700 shares during the period. Strategic Planning Group LLC purchased a new stake in shares of iShares High Yield Systematic Bond ETF in the 1st quarter valued at $21,506,000. Finally, Watershed Private Wealth LLC raised its holdings in shares of iShares High Yield Systematic Bond ETF by 8.1% in the 1st quarter. Watershed Private Wealth LLC now owns 23,944 shares of the company’s stock valued at $1,128,000 after buying an additional 1,790 shares during the period.

iShares High Yield Systematic Bond ETF Trading Down 0.7%

HYDB 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 business’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.