Madrona Financial Services LLC Increases Holdings in iShares High Yield Systematic Bond ETF (BATS:HYDB)

Madrona Financial Services LLC grew its holdings in iShares High Yield Systematic Bond ETF (BATS:HYDB) by 3.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,204 shares of the company’s stock after purchasing an additional 248 shares during the period. Madrona Financial Services LLC’s holdings in iShares High Yield Systematic Bond ETF were worth $339,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Envestnet Asset Management Inc. grew its holdings in iShares High Yield Systematic Bond ETF by 366.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 2,680,702 shares of the company’s stock valued at $126,020,000 after purchasing an additional 2,105,824 shares during the period. LPL Financial LLC boosted its stake in shares of iShares High Yield Systematic Bond ETF by 200.0% in the fourth quarter. LPL Financial LLC now owns 1,414,515 shares of the company’s stock worth $66,496,000 after acquiring an additional 943,005 shares during the period. IHT Wealth Management LLC purchased a new stake in shares of iShares High Yield Systematic Bond ETF in the fourth quarter worth about $24,392,000. Strategic Planning Group LLC purchased a new stake in shares of iShares High Yield Systematic Bond ETF in the first quarter worth about $21,506,000. Finally, Ameriprise Financial Inc. lifted its position in shares of iShares High Yield Systematic Bond ETF by 129.0% in the fourth quarter. Ameriprise Financial Inc. now owns 676,319 shares of the company’s stock worth $31,793,000 after buying an additional 381,021 shares in the last quarter.

iShares High Yield Systematic Bond ETF Trading Up 0.6%

BATS:HYDB opened at $47.19 on Thursday. 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 50-day moving average is $46.55 and its 200 day moving average is $46.87.

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.