Riverchase Wealth Management LLC Has $571,000 Holdings in iShares High Yield Systematic Bond ETF (BATS:HYDB)

Riverchase Wealth Management LLC raised its position in shares of iShares High Yield Systematic Bond ETF (BATS:HYDB) by 63.6% in the first quarter, according to its most recent filing with the SEC. The firm owned 12,125 shares of the company’s stock after purchasing an additional 4,714 shares during the quarter. Riverchase Wealth Management LLC’s holdings in iShares High Yield Systematic Bond ETF were worth $571,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its holdings in shares of iShares High Yield Systematic Bond ETF by 1.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 2,713,773 shares of the company’s stock worth $127,792,000 after buying an additional 33,071 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of iShares High Yield Systematic Bond ETF by 200.0% during the 4th quarter. LPL Financial LLC now owns 1,414,515 shares of the company’s stock worth $66,496,000 after buying an additional 943,005 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares High Yield Systematic Bond ETF by 129.0% during the 4th 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. Captrust Financial Advisors boosted its holdings in shares of iShares High Yield Systematic Bond ETF by 1.6% during the 4th quarter. Captrust Financial Advisors now owns 648,984 shares of the company’s stock worth $30,509,000 after buying an additional 10,030 shares in the last quarter. Finally, IHT Wealth Management LLC bought a new position in shares of iShares High Yield Systematic Bond ETF during the 4th quarter worth approximately $24,392,000.

iShares High Yield Systematic Bond ETF Price Performance

Shares of iShares High Yield Systematic Bond ETF stock traded up $0.35 on Friday, reaching $47.26. 162,202 shares of the company’s stock were exchanged, compared to its average volume of 283,453. iShares High Yield Systematic Bond ETF has a 52 week low of $44.04 and a 52 week high of $48.10. The firm’s 50-day moving average is $46.90 and its two-hundred 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.