Legacy Wealth Managment LLC ID Purchases New Shares in iShares High Yield Systematic Bond ETF $HYDB

Legacy Wealth Managment LLC ID purchased a new stake in iShares High Yield Systematic Bond ETF (BATS:HYDB) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 999 shares of the company’s stock, valued at approximately $47,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Renaissancere Holdings Ltd. acquired a new position in shares of iShares High Yield Systematic Bond ETF in the 1st quarter valued at $238,168,000. Envestnet Asset Management Inc. lifted its stake in iShares High Yield Systematic Bond ETF by 1.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 2,713,773 shares of the company’s stock worth $127,792,000 after acquiring an additional 33,071 shares in the last quarter. Wealthspire Advisors LLC grew its stake in iShares High Yield Systematic Bond ETF by 4.7% during the 1st quarter. Wealthspire Advisors LLC now owns 1,243,992 shares of the company’s stock valued at $58,580,000 after acquiring an additional 55,729 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of iShares High Yield Systematic Bond ETF by 129.0% in the 4th quarter. Ameriprise Financial Inc. now owns 676,319 shares of the company’s stock valued at $31,793,000 after purchasing an additional 381,021 shares during the period. Finally, Assetmark Inc. increased its holdings in shares of iShares High Yield Systematic Bond ETF by 2.7% in the 1st quarter. Assetmark Inc. now owns 605,844 shares of the company’s stock valued at $28,529,000 after purchasing an additional 16,016 shares during the period.

iShares High Yield Systematic Bond ETF Trading Up 1.4%

Shares of HYDB opened at $47.58 on Friday. iShares High Yield Systematic Bond ETF has a fifty-two week low of $44.04 and a fifty-two week high of $48.10. The business’s 50-day moving average is $47.34 and its 200-day moving average is $46.88.

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.