Studio Investment Management LLC Makes New $3.60 Million Investment in iShares High Yield Systematic Bond ETF $HYDB

Studio Investment Management LLC bought a new stake in iShares High Yield Systematic Bond ETF (BATS:HYDB) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 77,073 shares of the company’s stock, valued at approximately $3,605,000. Studio Investment Management LLC owned about 0.25% of iShares High Yield Systematic Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of HYDB. Operose Advisors LLC bought a new position in shares of iShares High Yield Systematic Bond ETF during the second quarter worth about $365,000. Nilsine Partners LLC bought a new stake in iShares High Yield Systematic Bond ETF in the 2nd quarter valued at about $1,145,000. Continuum Advisory LLC acquired a new position in iShares High Yield Systematic Bond ETF during the 2nd quarter valued at about $121,000. Mascagni Wealth Management Inc. boosted its stake 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 valued at $4,888,000 after purchasing an additional 3,143 shares during the period. Finally, Arkadios Wealth Advisors boosted its stake in iShares High Yield Systematic Bond ETF by 9.4% during the 1st quarter. Arkadios Wealth Advisors now owns 22,767 shares of the company’s stock valued at $1,059,000 after purchasing an additional 1,953 shares during the period.

iShares High Yield Systematic Bond ETF Stock Performance

BATS HYDB opened at $46.25 on Monday. The company has a 50-day moving average price of $46.46 and a two-hundred day moving average price of $46.70. iShares High Yield Systematic Bond ETF has a 52 week low of $45.96 and a 52 week high of $47.99.

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.