1,933,047 Shares of iShares High Yield Systematic Bond ETF $HYDB Purchased by CX Institutional

CX Institutional bought a new position in shares of iShares High Yield Systematic Bond ETF (BATS:HYDB) during the third quarter, Holdings Channel.com reports. The fund bought 1,933,047 shares of the company’s stock, valued at approximately $86,910,000. iShares High Yield Systematic Bond ETF accounts for approximately 2.3% of CX Institutional’s portfolio, making the stock its 5th biggest holding. CX Institutional owned approximately 0.06% of iShares High Yield Systematic Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Confluence Investment Management LLC acquired a new stake in shares of iShares High Yield Systematic Bond ETF in the 3rd quarter valued at about $96,778,000. Cornerstone Planning Group LLC increased its position in iShares High Yield Systematic Bond ETF by 9.3% during the first quarter. Cornerstone Planning Group LLC now owns 385,864 shares of the company’s stock worth $18,058,000 after buying an additional 32,933 shares during the period. IMA Advisory Services Inc. increased its position in iShares High Yield Systematic Bond ETF by 5.8% during the fourth quarter. IMA Advisory Services Inc. now owns 294,840 shares of the company’s stock worth $13,961,000 after buying an additional 16,189 shares during the period. Manning & Napier Advisors LLC increased its position in iShares High Yield Systematic Bond ETF by 78.3% during the first quarter. Manning & Napier Advisors LLC now owns 217,378 shares of the company’s stock worth $10,017,000 after buying an additional 95,433 shares during the period. Finally, Mascagni Wealth Management Inc. lifted its stake in iShares High Yield Systematic Bond ETF by 3.1% in the first 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 during the last quarter.

iShares High Yield Systematic Bond ETF Price Performance

Shares of HYDB stock traded up $0.06 during trading hours on Friday, hitting $44.73. The stock had a trading volume of 232,789 shares, compared to its average volume of 225,999. iShares High Yield Systematic Bond ETF has a twelve month low of $44.42 and a twelve month high of $47.81. The stock’s 50 day moving average is $46.14 and its 200 day moving average is $46.49.

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.