iShares High Yield Systematic Bond ETF (BATS:HYDB – Get Free Report) shares hit a new 52-week low during trading on Tuesday. The stock traded as low as $45.13 and last traded at $45.21, with a volume of 208933 shares traded. The stock had previously closed at $45.42.
iShares High Yield Systematic Bond ETF Price Performance
The firm has a 50 day moving average price of $46.17 and a two-hundred day moving average price of $46.50.
Institutional Investors Weigh In On iShares High Yield Systematic Bond ETF
Several large investors have recently modified their holdings of HYDB. Cornerstone Planning Group LLC raised its stake in iShares High Yield Systematic Bond ETF by 9.3% during the first quarter. Cornerstone Planning Group LLC now owns 385,864 shares of the company’s stock worth $18,058,000 after buying an additional 32,933 shares during the last quarter. IMA Advisory Services Inc. boosted its position in iShares High Yield Systematic Bond ETF by 5.8% during the fourth quarter. IMA Advisory Services Inc. now owns 294,840 shares of the company’s stock valued at $13,961,000 after acquiring an additional 16,189 shares during the last quarter. Manning & Napier Advisors LLC grew its holdings in iShares High Yield Systematic Bond ETF by 78.3% during the 1st quarter. Manning & Napier Advisors LLC now owns 217,378 shares of the company’s stock worth $10,017,000 after acquiring an additional 95,433 shares during the period. Mascagni Wealth Management Inc. grew its holdings in iShares High Yield Systematic Bond ETF by 3.1% during the 1st quarter. Mascagni Wealth Management Inc. now owns 105,072 shares of the company’s stock worth $4,888,000 after acquiring an additional 3,143 shares during the period. Finally, Studio Investment Management LLC bought a new position in shares of iShares High Yield Systematic Bond ETF in the 2nd quarter worth about $3,605,000.
iShares High Yield Systematic Bond ETF Company 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. HYDB was launched on Jul 11, 2017 and is managed by BlackRock.
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