Madrona Financial Services LLC Raises Position in iShares High Yield Systematic Bond ETF (BATS:HYDB)

Madrona Financial Services LLC grew its holdings in shares of iShares High Yield Systematic Bond ETF (BATS:HYDB) by 3.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,204 shares of the company’s stock after buying an additional 248 shares during the quarter. Madrona Financial Services LLC’s holdings in iShares High Yield Systematic Bond ETF were worth $339,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Envestnet Asset Management Inc. grew its stake in iShares High Yield Systematic Bond ETF by 366.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 2,680,702 shares of the company’s stock worth $126,020,000 after purchasing an additional 2,105,824 shares in the last quarter. LPL Financial LLC boosted its position in iShares High Yield Systematic Bond ETF by 200.0% during the 4th quarter. LPL Financial LLC now owns 1,414,515 shares of the company’s stock valued at $66,496,000 after acquiring an additional 943,005 shares in the last quarter. Ameriprise Financial Inc. boosted its position in iShares High Yield Systematic Bond ETF by 129.0% during the 4th quarter. Ameriprise Financial Inc. now owns 676,319 shares of the company’s stock valued at $31,793,000 after acquiring an additional 381,021 shares in the last quarter. Captrust Financial Advisors lifted its holdings in shares of iShares High Yield Systematic Bond ETF by 1.6% during the 4th quarter. Captrust Financial Advisors now owns 648,984 shares of the company’s stock valued at $30,509,000 after purchasing an additional 10,030 shares during the last quarter. Finally, IHT Wealth Management LLC purchased a new stake in shares of iShares High Yield Systematic Bond ETF during the 4th quarter valued at $24,392,000.

iShares High Yield Systematic Bond ETF Trading Up 0.6%

Shares of HYDB opened at $47.19 on Thursday. iShares High Yield Systematic Bond ETF has a 12 month low of $44.04 and a 12 month high of $48.10. The stock has a fifty day moving average price of $46.55 and a 200-day moving average price of $46.87.

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.