iShares High Yield Systematic Bond ETF (BATS:HYDB – Get Free Report) shares reached a new 52-week low on Wednesday . The company traded as low as $45.75 and last traded at $45.7240, with a volume of 13992 shares trading hands. The stock had previously closed at $45.95.
iShares High Yield Systematic Bond ETF Stock Down 0.7%
The firm’s fifty day moving average is $46.31 and its two-hundred day moving average is $46.57.
Institutional Trading of iShares High Yield Systematic Bond ETF
Several institutional investors have recently made changes to their positions in HYDB. Cornerstone Planning Group LLC raised its stake in iShares High Yield Systematic Bond ETF by 9.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 385,864 shares of the company’s stock valued at $18,058,000 after purchasing an additional 32,933 shares during the period. IMA Advisory Services Inc. boosted its stake in iShares High Yield Systematic Bond ETF by 5.8% in the 4th quarter. IMA Advisory Services Inc. now owns 294,840 shares of the company’s stock worth $13,961,000 after purchasing an additional 16,189 shares during the period. Manning & Napier Advisors LLC boosted its stake in iShares High Yield Systematic Bond ETF by 78.3% in the 1st quarter. Manning & Napier Advisors LLC now owns 217,378 shares of the company’s stock worth $10,017,000 after purchasing 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 valued at $4,888,000 after buying an additional 3,143 shares in the last quarter. Finally, Studio Investment Management LLC purchased a new stake in iShares High Yield Systematic Bond ETF during the 2nd quarter valued at approximately $3,605,000.
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. HYDB was launched on Jul 11, 2017 and is managed by BlackRock.
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