iShares High Yield Systematic Bond ETF $HYDB Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its position in iShares High Yield Systematic Bond ETF (BATS:HYDB) by 22.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 277,216 shares of the company’s stock after purchasing an additional 51,671 shares during the period. JPMorgan Chase & Co. owned approximately 0.89% of iShares High Yield Systematic Bond ETF worth $13,263,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. IFP Advisors Inc raised its holdings in iShares High Yield Systematic Bond ETF by 16.1% in the third quarter. IFP Advisors Inc now owns 58,293 shares of the company’s stock valued at $2,789,000 after buying an additional 8,076 shares during the period. NewEdge Advisors LLC lifted its position in iShares High Yield Systematic Bond ETF by 5.8% during the third quarter. NewEdge Advisors LLC now owns 44,522 shares of the company’s stock valued at $2,130,000 after buying an additional 2,449 shares in the last quarter. United Capital Financial Advisors LLC grew its stake in iShares High Yield Systematic Bond ETF by 1.1% during the third quarter. United Capital Financial Advisors LLC now owns 49,891 shares of the company’s stock worth $2,387,000 after buying an additional 562 shares during the period. Ameriprise Financial Inc. increased its position in shares of iShares High Yield Systematic Bond ETF by 8.7% in the third quarter. Ameriprise Financial Inc. now owns 927,769 shares of the company’s stock worth $44,357,000 after acquiring an additional 73,917 shares in the last quarter. Finally, BNP Paribas Financial Markets acquired a new stake in shares of iShares High Yield Systematic Bond ETF in the third quarter worth $1,550,000.

iShares High Yield Systematic Bond ETF Price Performance

Shares of HYDB stock opened at $46.03 on Friday. The company’s fifty day simple moving average is $47.20 and its 200-day simple moving average is $47.36. iShares High Yield Systematic Bond ETF has a 52 week low of $44.04 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.