iShares High Yield Systematic Bond ETF $HYDB Shares Purchased by IMA Advisory Services Inc.

IMA Advisory Services Inc. grew its stake in shares of iShares High Yield Systematic Bond ETF (BATS:HYDB) by 5.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 294,840 shares of the company’s stock after acquiring an additional 16,189 shares during the quarter. iShares High Yield Systematic Bond ETF comprises approximately 1.3% of IMA Advisory Services Inc.’s investment portfolio, making the stock its 15th largest holding. IMA Advisory Services Inc. owned about 0.94% of iShares High Yield Systematic Bond ETF worth $13,961,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Northland Securities Inc. acquired a new position in shares of iShares High Yield Systematic Bond ETF during the fourth quarter valued at about $236,000. Flagship Harbor Advisors LLC acquired a new position in shares of iShares High Yield Systematic Bond ETF during the fourth quarter valued at about $268,000. NBT Bank N A NY increased its holdings in shares of iShares High Yield Systematic Bond ETF by 10.0% during the fourth quarter. NBT Bank N A NY now owns 10,660 shares of the company’s stock valued at $505,000 after acquiring an additional 965 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of iShares High Yield Systematic Bond ETF by 178.1% during the fourth quarter. Farther Finance Advisors LLC now owns 15,149 shares of the company’s stock valued at $717,000 after acquiring an additional 9,701 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of iShares High Yield Systematic Bond ETF by 27.9% during the first quarter. Royal Bank of Canada now owns 23,331 shares of the company’s stock valued at $1,099,000 after acquiring an additional 5,084 shares in the last quarter.

iShares High Yield Systematic Bond ETF Stock Performance

HYDB opened at $46.47 on Monday. iShares High Yield Systematic Bond ETF has a 52-week low of $45.96 and a 52-week high of $47.99. The firm’s 50-day moving average price is $46.77 and its 200-day moving average price is $47.12.

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. HYDB was launched on Jul 11, 2017 and is managed by BlackRock.