Simplicity Wealth LLC Makes New Investment in iShares High Yield Systematic Bond ETF (BATS:HYDB)

Simplicity Wealth LLC purchased a new position in shares of iShares High Yield Systematic Bond ETF (BATS:HYDB) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 10,221 shares of the company’s stock, valued at approximately $481,000.

Several other institutional investors have also recently made changes to their positions in HYDB. TFB Advisors LLC boosted its stake in iShares High Yield Systematic Bond ETF by 95.0% in the 4th quarter. TFB Advisors LLC now owns 13,606 shares of the company’s stock valued at $640,000 after purchasing an additional 6,627 shares during the period. ShoreHaven Wealth Partners LLC bought a new stake in iShares High Yield Systematic Bond ETF in the 4th quarter valued at $563,000. Blue Trust Inc. bought a new stake in iShares High Yield Systematic Bond ETF in the 4th quarter valued at $690,000. Quadrant Private Wealth Management LLC bought a new stake in iShares High Yield Systematic Bond ETF in the 4th quarter valued at $528,000. Finally, Scarborough Advisors LLC bought a new stake in iShares High Yield Systematic Bond ETF in the 4th quarter valued at $974,000.

iShares High Yield Systematic Bond ETF Stock Down 0.3%

Shares of BATS HYDB opened at $46.77 on Thursday. The business has a fifty day moving average price of $46.20 and a two-hundred day moving average price of $46.93. iShares High Yield Systematic Bond ETF has a fifty-two week low of $44.04 and a fifty-two week high of $48.10.

About iShares High Yield Systematic Bond 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.